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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 680.44

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Dec 19 4:00 PM EST

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To: Johnny Canuck who wrote (43119)	3/1/2006 2:39:29 PM
From: Johnny Canuck	Read Replies (1) of 69126

1:14PM 4 Hynix Semicon execs to plead guilty in DRAM price-fix case (HXSCF) by Carla Mozee SAN FRANCISCO (MarketWatch) -- The Department of Justice said Wednesday that four executives at Korea-based Hynix Semiconductor Inc. (HXSCF) have agreed to plead guilty and to serve time in prison in the United States for their roles in a global conspiracy to fix dynamic random access memory, or DRAM, prices. The executives will each pay a fine of $250,000 and continue to cooperate with the agency's ongoing investigation. Hynix's general manager of worldwide sales and marketing, D.S. Kim, will serve the longest jail term of 8 months. The DOJ said including today's charge, four companies and nine individuals have been charged, and fines totaling more than $731 million have resulted from the DRAM price-fixing investigation.

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