SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 168.76+0.3%Dec 11 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TideGlider who wrote (9495)2/9/2001 1:40:53 AM
From: Q.  Read Replies (1) of 10921
 
MSDW: Hyundai Electronics (0066.KS-W4,870-N) Preliminary Results Reflect Poor Balance Sheet Bonjun Koo

Problems relating to bad assets and subsidiaries are surfacing: HEI posted a net loss of W2T for C2000 due to a huge interest burden, write-offs of non-performing assets and equity-method losses.
As a result of a cut in our DRAM price forecast after lowering our C2001 PC shipment growth forecast from 12% to 5%, we lower C2001E and C2002E EPS.
Capex cut from W1T to W800B, the third cut in the company's capex since Nov 2000. Considering HEI's poor cash-generating ability, we think capex for C2001 could fall to W500B. A capex cut would likely hurt HEI's competitiveness in DRAMs and bring down its global DRAM market share from 19% in C2000 to 14.5% in C2001.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News