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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (7906)11/23/1997 7:34:00 AM
From: shane forbes  Read Replies (2) of 25814
 
More on Samsung and Korean situation from S&P:
techweb.cmp.com

Standard & Poor's said it was concerned that the weak Korean economy
will adversely affect domestic demand for electronics products. The
company also said turmoil in the Korean economy and financial markets
could increase funding costs and reduce the financial flexibility of the
companies. It added that these companies are highly leveraged and rising
domestic interest rates will also be a financial burden for these
manufacturers.


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Last sentence is a very good point!!!
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