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

To: TREND1 who wrote (36714)	7/31/1998 4:49:00 AM
From: Kathleen capps	Read Replies (1) \| Respond to of 53903

For Skeeter: Kip has spoken "... Bedard said. ''We've seen some tick up in pricing,'' Bedard said at the BancAmerica Robertson Stephens Semiconductor Conference in San Francisco. ''Unit volume is definitely increasing.'' How could anyone argue with that --g--.

To: TREND1 who wrote (36714)	7/31/1998 5:56:00 AM
From: Kathleen capps	Read Replies (1) \| Respond to of 53903

Micron Tech/Prices -2: Co. Can't Fully Explain Mkt Change By Mark Boslet SAN FRANCISCO (Dow Jones)--Micron Technology Inc. (MU) said it saw "some pickup" in DRAM memory prices in July after several years of steep declines. Speaking at the BancAmerica Robertson Stephens Semiconductor Conference, Kipp A. Bedard, vice president of corporate affairs, said the past month has brought firmer prices to the market. DRAM chips are used to temporarily store programs and data when computers are turned on, and over the past several years, prices have fallen 95%. The price pickup started with the company's high-performance 64-megabit chip that includes a 100 megabit bus, Bedard said. The product commands a premium and sells for a little above $9, he said. The product also has a three-week lead, or ordering, period, indicating demand is strong. But prices have firmed for 64-megabit products without the fast 100-megabit bus. In June, the 64-megabit DRAM product bottomed at $7.50 a piece. Now it sells for more than $8, he said. Bedard went on to say he couldn't fully explain the change in the market, which over the past week has fueled a rise in Micron stock. Swollen inventories of personal computers held by distributors were cleared by June, so computer makers are again ordering parts and revving up their factories, he said. Meanwhile, computer makers often slow down parts orders toward the end of a quarter and probably did so at the end of the second quarter. Increased ordering is natural in July, Bedard said. The firmer prices also appear to have drawn third-party brokers back into the market, so bidding for parts is greater, he said. While these factors could mean the stronger pricing is temporary, the fact that it has lasted through all of July is a positive sign, he said. Separately, Bedard said Micron expects by late September or early October to be producing more new-generation 64-megabit parts than older generation 16-megabit parts. He also said 65% of the company's wafer starts are at 0.21-micron technology, a more advanced technique that will lead to lower costs. Computer makers also expect to include more DRAM in their machines. The average machine now comes with 64-megabits of DRAM. That will climb to between 75 and 83 megabits at the end of the year, he said. Some investors worry that strengthening DRAM prices will encourage Asian producers to restart idle fabs and again flood the market with products. However, much of that production uses older 0.35-micron technology and will not easily be able to produce advanced 64-megabit parts, he said.

To: TREND1 who wrote (36714)	7/31/1998 8:53:00 AM
From: DavidG	Respond to of 53903

Larry, I think they meant $1 per megabyte instead of megabit. These guys just write about things without full knowledge of what they are saying. They are just regurgitating old news.<ggg> DavidG

To: TREND1 who wrote (36714)	7/31/1998 9:11:00 AM
From: Bipin Prasad	Respond to of 53903

Maria from CNBC is pumping MU this morning. Btw, CMP Media guys need to visit this thread more often to update it's research. later, InSook

To: TREND1 who wrote (36714)	7/31/1998 9:12:00 AM
From: DavidG	Respond to of 53903

Larry, I posted on the wrong thread by mistake. I am fighting off a summer cold and can't see straight or think straight for that matter.<ggg> Message 5371925 DavidG

To: TREND1 who wrote (36714)	7/31/1998 10:07:00 AM
From: DJBEINO	Respond to of 53903

<<PC sales in Asia/Pacific have slowed dramatically in an area that consumes about 25% of the worlds PCs," Groves added. >> PC Sales in Japan Rise in 5th Week of June July 27, 1998 (TOKYO) -- Personal computer sales at about 2,000 retailers of household appliances in Japan rose 9.4 percent in volume and 9.2 percent in value in the fifth week of June 1998 (June 29-July 5) over the previous week. nikkeibp.asiabiztech.com