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Technology Stocks : Micron Only Forum
MU 365.00+0.6%Jan 20 3:59 PM EST
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To: DJBEINO who wrote (31451)3/31/1998 12:50:00 AM
From: Skeeter Bug  Read Replies (1) of 53903
 
>>Mark Ellsberry, vice president of marketing for HEA said, ''We are pleased with our progress in demonstrating that the
preliminary margin announced on March 3 was incorrect, and we are confident we will prove that Hyundai is innocent of
charges of dumping memory chips.''

Ellsberry continued, ''Since product development costs are extremely high, it is the very nature of this industry to sell
components, and particularly memory circuits, below fully loaded cost in the early part of the market life-cycle. But then the
costs drop rapidly leading to profitability. This is not dumping.'' <<

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