Hope on the horizon for those fearing deflation. Also looks like something the Justice Department might be interested in ;>)
>From EETimes (http://www.eetimes.com/semi/news/OEG20020130S0028) an article about memory chips for, among other things, personal computers: "Major DRAM manufacturers are putting their heads together in an effort to coordinate production capacity. . . .Among the participants are Samsung Electronics, Micron and Infineon Technologies. . ."There are getting to be fewer and fewer suppliers so we have to work more closely," he said. "There is a lot of contact with these guys." "Suppliers are comparing notes about production quantities across different product lines, capacity plans and the expected supply of Intel's Pentium 4 chip in an effort to balance supply with demand. "We are not talking pricing because that is illegal, but we are talking about how to cooperate — how to ensure that the supply side does not get crazy," he said. (NOTE: OPEC generally doesn't talk pricing either.) "After nearly a year of dismal memory chip pricing, DRAMs have shot up by more than 250 percent from their November low. . ." Eric
