Micron Warns About Soaring DRAM Prices

@ 2004/07/14
Micron Technology recently told in an interview to Reuters that memory prices will be climbing throughout August to November, when PC makers see a strong demand for their products. This contradicts analysts, who believe that the market will face oversupply and dropping prices of DRAM.

“The August to November period is when the demand is the strongest seasonally on back-to-school PC demand,” said Michael Sadler, Micron’s vice president of worldwide sales.

Comment from Sidney @ 2004/07/14
All the computers needed to be sold to consumers have been manufactured and shipped to distributions by now for back-to-school shopping. You don't produce today or next months for in-store sales. It is a 3 to 5 months ahead of retail sales.