DRAM prices continue to tank

For the second half of November average DRAM contract price was negotiated down 9-10%. The combination of a frugal consumer, a declining PC market and massive insolvency in the DRAM manufacturer base continue to weigh on memory makers. Furthermore, the only strong part of the PC market is the netbook market and those come with 1 gig of memory, far below the industry norm of 2 gigs... so all the unit growth in netbooks actually has a negative effect on DRAM consumption.

Micron under $2. Not pretty.