DRAM plummets to $2.00
The only way is down
By Mike Magee, 08/05/2002 10:34:50 BST
DRAM EXCHANGE said that prices of memory continue on their downward spiral and while the reference price for spot DRAM was $2.5 yesterday, it's likely to hit $2 by the end of the week.
It must be like Groundhog Day for the memory manufacturers, the Dramurai.
According to the Web site, weak demand plus an oversupply of capacity are the main reasons for the continuing decline in prices, which apply not only to SDRAM but to DDR memory too, despite the efforts made by motherboard manufacturers and by firms like Intel to hype up the action with new chipset announcements this month.
While spot market prices have suffered badly during the course of this week, so too have contract prices according to DRAM Exchange, with reference chip prices falling to $4 and no sign of any improvement in the market.
Perhaps the continuing decline in this second quarter will once more concentrate the minds of the Dramurai ? which talked big on consolidation at the end of last year but withdrew some when they thought everything in the garden was all roses again.
Memory prices can be taken as a general barometer of the state of the PC industry ? as IBM and HP said earlier this week, if there is growth during 2002, it's slow growth.
link
and not only that, as prices collapse - Crucial is now offering a $20/$25 coupon code on thier site for 
PC2100 DDR
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And for the guy who wants to know what "buy stocks now" means:
the forests of the world are being decimated by pollution and free logging, so if you own a shotgun or rifle 
with cracked or dented wood, it would be a good idea to "buy stocks now".