Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

RE MU

Spot market prices for memory stopped rising about 1 week ago. They are still below MU's cost to turn profit. Within 1 week of spot prices rising above MU's fixed costs, analysts will be all over each other raising price targets.

Increased business spending will have to trigger additional rise in memory prices. Alas, I don't see ground swell of economic recovery that will remove grizzled feel to US consumers and businesses.
Right now for example I am looking into halfing long distance with something like long distance over IP from Vonage.com. Any savings gained just go into other savings gained from deflationary forces without corresponding economic expansion.