A single polysilicon DRAM cell is disclosed. The DRAM cell comprises: a deep n-well in a silicon substrate; a p-well within the deep n-well; a gate structure over and straddling the deep n-well and the p-well, the gate structure being a stack of a thin gate oxide layer and a conductive layer; and a n+ well within the p-well and adjacent to a sidewall of the gate structure. The p-well potential can be reset to -V.sub.cc /2 representing "0", and written to V.sub.cc /2 representing "1". The parasitic n-channel MOS with the p-well as the "body" will have a threshold voltage modulated by the p-well potential at V.sub.cc /2 and -V.sub.cc /2 for representing "1" and "0" states, respectively.