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Technology Stocks : Micron Only Forum

MU 239.40

-0.4%

Dec 2 3:59 PM EST

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To: Jerry Denkera who wrote (199)	6/2/1996 12:20:00 AM
From: Bipin Prasad	of 53903

Techstock must be overloaded today ! I have a hard time getting a response from www.techstocks.com. Anyway, the Korean government action follows the give and take (in the South Korean context) : industry gave a little, govt gave a little. To me, it sounds like a subsidy. Subsidies to big companies are common in US too. We call them property tax relief, special assessments etc. I guess the impact depends on the actual amount of money in question. I dont have a good feel for that. However, when I run some numbers through, I can easily see that the Korean manufacturers can help themselves very easily simply by reducing production. However, they may want to maintain pressure on the Taiwanese. We will have to wait and see if Micron makes this reduction an issue.

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