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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 176.31+0.1%Dec 19 3:59 PM EST
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To: pat mudge who wrote (2674)12/31/1997 10:24:00 PM
From: Angela  Read Replies (2) of 6180
 
<< Based on your comments about who gets bailed out, I asked if
the IMF or consortium of European banks had any say in who got
relief and who didn't. She didn't know, but suggested I talk to
Kip Bedard at Micron. I guess he's the pro on this particular
subject.

Anyone know him? It might be worth a call to see what he
says. I'm not a MU shareholder, so don't have any connection to
the company.>>

After reading the linked article -- I think Micron is probably
a very good source for this information.

techweb.cmp.com

From the article -- "Sources said Micron wants to back up its earlier insistence that none of the $57 billion global bailout in Korea end up financing further chip maker DRAM expansions during the persistent massive market oversupply."

Micron already has one suit pending against Hyundai & LG Semicon
(Korea) for dumping/selling below cost. And they are threatening
a new suit on those two plus others, including Samsung of Korea.
I can see why Micron would cry foul if the IMF money ends up
financing their expansions.

If you feel like giving him a call, that would be great.
If not, let me know, maybe I or someone else will.

Angela
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