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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 140.23

-8.9%

Nov 20 3:59 PM EST

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To: Pierre-X who wrote (1607)	11/21/1997 12:50:00 PM
From: Gus	Read Replies (2) of 9256

Here's a closer look at the Koreans, who finally decided to bite the IMF bullet today. Samsung Electronics Co., Ltd. and Hyundai Electronics Industries Co.,Ltd., the world's largest manufacturers of computer memory microchips, are also bracing for foreign currency losses of up to $1 billion in 1997 if the trend continues. japanbiztech.com Also, there was an interesting discussion on CNBC yesterday re: how the US, since it is close to full employment, may end up as the 'importer of last resort' for Asia and maybe, Latin America in order to allow these troubled economies to 'export' their way back to reasonable health. I wonder what that does to the kind of 'dumping' charges that WDC's Haggerty seems to be contemplating vs Fujitsu. He did say that he was going to leave it up to the lawyers in the second to the last CC. Gus

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