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Technology Stocks : Micron Only Forum

MU 344.97

+5.5%

Jan 9 9:30 AM EST

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To: Kathleen capps who wrote (33565)	5/16/1998 5:16:00 PM
From: DJBEINO	Read Replies (1) of 53903

Indonesia Turmoil Affects Japanese Companies Japanese-owned business operations in Indonesia are halting operations and sending staff and families out of the country as Indonesia undergoes anti-government rioting. Mitsubishi Electric <TOKYO:6503> has directed its personnel and their families to leave the country, while NEC <TOKYO:6701> has told its staff to send their families to Singapore. NEC is shutting down its local semiconductor factory for three days from May 15. Toshiba <TOKYO:6502> shut down operations outside of Jakarta the afternoon of May 14. Two Toyota <TOKYO:7203> factories closed when employees were unable to report to work, and Sony <TOKYO:6758> stopped making home audio and televisions when it did not obtain parts. Similar news was mentioned in Jiji Press on May 15, 1998. IMAGINE WHAT WILL HAPPEN TO DRAM PRICES IF THIS STUFF STARTED IN KOREA...!

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