Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 307.20

+2.0%

Jan 12 3:59 PM EST

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To: blake_paterson who wrote (27242)	12/17/1998 11:53:00 AM
From: Ramsey Su	Read Replies (1) of 70976

Blake, the Chaebols in Korea are supposed to drop their debt equity ratio to below 200 by end of next year. Right now they are in the 500+ range. I still don't understand how these giants can drop their debt so quickly? There are so many mutually exclusive reports that someone has to be lying or just totally wrong. As an example, iff MU is correctly asserting that Korea is guilty of chip dumping, a Korean chip export growth of 11 percent would add to their losses. How is that going to help reduce debt? If they are indeed going to reduce debt, how can they afford to invest in cap imp, especially the fabs that cost many many dollars a pop? Just thinking out loud. Ramsey

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