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To: Norrin Radd who wrote (3375)6/19/1998 2:46:00 PM
From: DJBEINO  Respond to of 9582
 
DRAM steady as price adjustments include trivial drops on select 16 meg (i.e. 1mx16 edo,soj - 2mx8 edo tsop
- 4mx4 edo soj) and 64 meg (4mx16 synchronous), 1mx16 synchronous has made a slight gain from yesterday's close according to AICE



To: Norrin Radd who wrote (3375)6/19/1998 2:56:00 PM
From: DJBEINO  Read Replies (2) | Respond to of 9582
 
Yen strengthens: The yen has reached 134.36 against the dollar, strengthening ahead of this weekend's meetings between the G-7 deputy finance ministers meeting this weekend in Tokyo. There is pressure on Japan to come up with a comprehensive banking reform package. If one does occure, the yen might strengthen further, but without some concrete action, the yen might weaken after the weekend....

when yen was @ 147 a week ago. DRAM was for example 300/147= 2.04
now yen @ 134, dram is 300/134= 2.23 over 9% increase