Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 160.52

-4.9%

Dec 12 9:30 AM EST

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To: Paul V. who wrote (4115)	12/24/1997 7:31:00 AM
From: semi2000	of 10921

Thank you every one for your input. SK index is about 350 down from 800 = > 50% correction Won is also more than 50% depreciated. Hence if Samsung (for example) had X (Won) market cap at its peak it is likely that today it is .5X. Further convertin it in $$, today it is worth to US .5(.5X) = .25X = 75% markdown! Given that fabs cannot be shutdown like auto plants since the daily expense in maintenance itself will run in millions - Koreans may be inclined to give maintenance deals to outside companies and great fab deals to producers. I agree that current situation is very grim. Probably, expansion is not on companies minds right now - rather survival. Companies like AMAT can buy some patents for cheap though. I believe SK government has recently chnged foreign ownership % limit to 50%. Which probably makes it possible to someone to jump in. Realistically, companies like Samsung, Hyundai, LG must have maintenance contract with AMAT and others - those are in trouble or in return they can get something for free? Any thoughts welcome!

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