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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 282.58

+8.6%

Feb 6 9:30 AM EST

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To: Mark Oliver who wrote (4397)	9/11/1998 4:40:00 PM
From: Sam	Read Replies (1) of 9256

Mark, More on the LG/Hyundai squabbling before their proposed marriage: news.com Excerpt: On a global level, the merger would spur the shake-up in the memory chip industry that is already under way with several firms vowing to exit after years of sliding chip prices. "The merger would result in slowing down the global capacity expansion and will have a long-term positive impact price-wise," said Jeon Woo-jong, an analyst at Dongwon Securities. Despite the dispute, analysts said the merger deal itself would likely go ahead. South Korea has told its big business conglomerates, or chaebol, to actively seek mergers, exchanges of business lines or other ways to ease the severe domestic oversupply in a several key industries, resulted from years of overlapped investment.

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