SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 149.55+4.4%10:42 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Oliver who wrote (5021)3/19/1998 2:08:00 PM
From: Clarksterh  Read Replies (1) of 10921
 
Mark - If they could get partial payments upfront to cover expenses, and make full payments later, this seems like a better situation than laying off employees. They would get their money eventually, wouldn't they? Afterall, do we really expect to see Hyundai go bankrupt?
For that matter, do we expect to see Hyundai, LG Semicon, Samsung or others go bankrupt?

Actually some of them may go bankrupt. One of the IMF requirements is that bankruptcy be made easier to force. Historically SEA has not allowed bankruptcy and this in combination with the lack of accounting transparency has made it very very hard to tell whether you will get your money back on any loan. Until the IMF requirements really start to occur, lending to Hyundai, ... is a big risk. That is why western banks aren't supplying letters of credit. Do you really think that AMAT et al know the risk better than the banks?

Clark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News