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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (35910)	7/1/1998 10:45:00 AM
From: DJBEINO	Respond to of 53903

07-02-98 Chip Makers Plan Further Production Cut This Month Korea's leading semiconductor makers are considering a second round of production cut to help boost memory prices in the world market, industry sources said yesterday. Samsung Electronics Co., the world's largest memory chip producer, plans to stop its assembly lines for one week some time this month. The nation's No.2 semiconductor maker, Hyundai Electronics Ind. Co., is also considering idling its chip production lines for a week in July, allowing workers to go vacationing. Last month, the two companies halted chip production for one week respectively in their hopes to ease supply glut and shore up falling prices in the global market. As a result, the prices for 16-megabit DRAM (dynamic random access memory) chips rose to $3 apiece, while 64-megabit DRAM chips are now quoted at around $8 per unit as of the end of last month, said the industry sources. LG Semicon, the third largest chip maker in the nation, however, said it will not reduce its production volume because of low chip stockpile. (NIS)

To: TREND1 who wrote (35910)	7/1/1998 5:00:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Larry, I don't know about you but I am beginning to feel like a real fool. How did we miss the run up in the Internet stocks? Amazon up 14% today!!! As traders aren't we suppose to follow the trend? Isn't this what you are looking into with Dell? Aren't stocks breaking out of 52 week highs bullish? How about 52 minute highs?<g> But why do I get the impression I would be stepping in front of a moving train? Or maybe a moving Asteroid?<g> Who are buying these stocks? Why aren't the holders selling these stocks? Do you think the investors of internet stocks are the same as those buying Micron stocks? ...so many questions and no answers...I think I am confused...the trend is your friend... DavidG