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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Joo who wrote (4237)	1/8/1999 12:59:00 PM
From: Rex Dwyer	Read Replies (1) \| Respond to of 60323

SoundView says Asian DRAM supplier is tapped out... SoundView Financial Group, an equity research firm focused on technology stocks, said Thursday in a report obtained by Reuters that, according to a "very reliable source," a major Asian producer of DRAMs had told distributors it was not accepting additional orders for 64-megabyte chips, indicating difficulties in meeting demand, SoundView confirmed the contents of the report. "The implications behind this suggest that this supplier is having difficulty in satisfying demand from large OEMs (original equipment manufacturers) and is therefore performing triage on its customer base, choosing to cut back on shipments to distributors," the report said. "If current pricing levels for 64-megabyte DRAMs, in the low $9 range, remain stable," Micron could do better than break even for the February quarter, the report said.