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DOJ To Open Price-Fixing Query Into NAND Memory Market
9/17/2007

Ep0xi writes "Following on previous investigations into price fixing in the SRAM and DRAM memory market, the US precinct of Justice has begun an antitrust inquest of the NAND flash-memory industry. ' Edwin Mok, a financial analyst at Needham, added that the NAND market was competitive. Mok, who covers SanDisk, said he would be surprised if the company did anything wrong. 'I don't see a huge impact on the company or the stock," he said. SanDisk shares were up $1.30, or 2.6 percent, to $51.29 on Friday. But [another megacorp* analyst] said NAND prices showed an unusual 5 percent increase in the second quarter and are expected to climb an additional 8 percent in the third quarter, before declining again in the fourth quarter. Demand remains strong.' "

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Mark

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