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DRAM contract prices stabilized in the first half of November, claims DRAMeXchange. The firm...

  • Monday, November 19, 2012, 3:51 PM ET
    DRAM contract prices stabilized in the first half of November, claims DRAMeXchange. The firm believes prices had fallen 29% since July thanks to less-than-optimal PC industry conditions, and had declined below the cash costs of some manufacturers. Capacity cuts and mobile DRAM demand are helping the trouble industry cope, but there's a good chance losses will persist for Micron (MU +1.7%) and others until PC demand gets at least a little healthier.
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This news story has 3 comments:

  •  
    I'm beginning to think the acquisition of a defunct organization will instead of positively affecting MU, the opposite might occur. To increase sales of a product that's consistently losing does not seem to be in investors best interest. Simply put, they will lose even more.
    19 Nov 2012, 05:24 PM Reply Like
  •  
    Bingo! Me too. I keep wondering why this stock (I'm long MU) will recover unless they manage new to develop other products in demand. It's a Morningstar and MLynch/BAC "buy" and S & P "hold" and NOBODY has it "sell". Average target is about 9 bucks....

    I'll hold for now but...............
    19 Nov 2012, 06:55 PM Reply Like
  •  
    Things could get very ugly for MU. Plenty of better tech stocks with less risk.
    21 Nov 2012, 03:49 PM Reply Like
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