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To: Chas who wrote (47623)8/11/1999 10:09:00 PM
From: Chas  Respond to of 53903
 
More signs of DRAM prices going up!
Korean Stocks Rise; Chipmakers Lead Gains as Chip Prices
Rise

Seoul, Aug. 12 (Bloomberg) -- Korean stocks rose, led by
Samsung Electronics Co. and other chipmakers after analysts
said
they'll be able to negotiate higher prices for supply contracts.

The benchmark Kospi rose 4.53, or 0.5 percent, to 948.61,
its third gain this week. Gainers outnumbered losers 467 to 235,
while 135 were unchanged.

The following is a list of companies whose shares are
active. The stock symbol is in parentheses after the company
name.

Chipmakers rose as rising price of memory chips on the spot
market allowed them to negotiate higher prices for their long
term supply contracts, said Park Min Ho, a semiconductor analyst
at Kyobo Securities in Seoul. According to Park, Samsung
Electronics Co. (0593 KS ), the world's largest memory
chip provider, is negotiating with its customers which include
Intel Corp. International Business Machines Corp and Compaq
Computer Corp to sell chips at higher prices. Hyundai Electronics
Industries Co. (0066 KS ) rose 100 won, or 0.3 percent,
to 35,100 won. Samsung rose 3,000 won, or 1.6 percent, to
188,500
won.