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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 95.92-2.6%1:18 PM EST

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To: richard surckla who wrote (67386)3/8/2001 4:55:19 PM
From: Bilow  Read Replies (1) of 93625
 
Hi richard surckla; More on the complicated Hyundai thingy:

...
In another move designed to distance the company from its ailing parent, Hyundai Electronics is renaming itself Hynix Semiconductor Inc. Shareholders will make the final vote on whether to accept the new name at a meeting on March 29, the spokesman said.

“It’s to show our independence at HEI from the Hyundai group as we move away from that and establish ourselves as an independent entity,” the spokesperson said.

Hyundai Electronics’ re-branding strategy could also be an attempt to disassociate the company with the troubled semiconductor market, Scovel joked.

“They are starting to not sound like chip companies any more,” he said. “Maybe that’s the point.”

electronicnews.com

-- Carl

P.S. I'm gone for a few days.
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