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Re: scel20 post# 194

Tuesday, 03/31/2009 1:09:38 PM

Tuesday, March 31, 2009 1:09:38 PM

Post# of 3318
In the memory chip industry, conditions have turned cataclysmic. In the past couple of years, the production of memory chips swelled as companies chased rising interest in consumer gadgets. The result was a vast oversupply, which led to plummeting prices. Memory prices fell 60 percent last year and could fall 40 percent this year.