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Technology Stocks : Micron Only Forum
MU 237.16+4.6%Dec 5 9:30 AM EST

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To: TREND1 who wrote (28401)2/15/1998 3:55:00 PM
From: yousef hashmi  Read Replies (1) of 53903
 
A service of Semiconductor Business News, CMP Media Inc.
Story posted at 6 p.m. EST/3 p.m. PST, 2/13/98

Buyer beware of Korean debt

SEOUL--Want to buy a major global electronics company at a
rock-bottom price?

The total stock value of Samsung Electronics Co. Ltd. is now
about $1.85 billion in U.S. dollars and LG Electronics, including
LG Semicon, has a stock value of $560 million, according to
the LG Economic Research Institute of Korea.

Of course, Samsung comes with a corporate debt of $9.2
billion and LG Semicon with $4.1 billion in debt -- making any
acquisitions somewhat less of a bargain.
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