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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (25499)	10/19/1998 6:09:00 PM
From: Math Junkie	Read Replies (2) \| Respond to of 70976

It certainly looks like the appetite for high-stakes gambling has not been fully satisfied, although the number of players seems to have been reduced.

To: 16yearcycle who wrote (25499)	10/20/1998 7:06:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Gene, Micron: "We are disappointed that Samsung continues to spend capital irrationally, adding new capacity in the face of the very high debt-to-equity ratio they are carrying,” said Kip Bedard, the Micron vice president of corporate affairs." Well this ought to drop the margins on 64MB Dram like it did on 16MB. Seems that excess production capability will hurt MU as well as the rest of the DRAM mfg's, maybe it will impact MU worse as it faces diminishing returns on investment if competition decides to crank up production to maintain market share. Same scenario as last year, this ought to shake out the high cost producers, more fab closures seem likely in 3-6 months, what happens after the Xmas bubble? BB