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Technology Stocks : LSI Corporation

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To: shane forbes who wrote (7907)11/23/1997 9:20:00 PM
From: getgo234  Read Replies (1) of 25814
 
Shane and others: IAW Korean Herald dated 11/12/97 the yield on 3 yr corp bond, a benchmark for lonG term interest rates, recently rose to a yearly high of 13.11% versus a 12/31/96 rate of 12.60% and a low of 11.70% in June 1997. I would surmise rates will move higher in the near future with the intervention of the IMF. I see why Korean multinationals have been raising funds off shore. However, now they obviously must deal will the sharp devaluation of the Won.
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