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To: Thomas G. Busillo who wrote (47724)	8/18/1999 11:36:00 PM
From: Chas	Read Replies (3) \| Respond to of 53903

Thomas, Your comment about,"Why is Samsung reported to be charging $2-3 more than spot on their long-term contracts". I went back and read the article you referenced, I think I can explain where the confusion is; this is referring to the first half of 99 when spot was lower than OEM, Samsung like the other suppliers charge more to OEM when this condition happens. Now, today the OEM is around $5.75 and the spot higher at $7.15~, the OEM is lower, way lower,,but OEM pricing is gradually going up about once every two weeks or weekly depending on the agreement and the supplier. Hope that helped. Some information about pricing softening seen in the last day or so was total hype. The spot is holding fine at $7+, and OEM pricing just went up this week and thats where the bulk of the parts ship at and that would have been the news to talk about but no mention was made. It will be interesting when OEM pricing goes up again roughly averaging about 10% every two weeks since this started so that could mean from $5.75 to around $6.25-$6.32 on Sept 1. Lets see if it happens or not. Good trading.

To: Thomas G. Busillo who wrote (47724)	8/19/1999 9:28:00 AM
From: DJBEINO	Respond to of 53903

KOREAN AGENCY APPROVES HYUNDAI TAKEOVER OF LG SEMICON SEOUL - The Fair Trade Commission (FTC) has legally approved on Thursday Hyundai Electronics Industry's takeover of LG Semicon. Hyundai's takeover of LG Semicon will not threaten the DRAM market, even with the share price soaring to 39.8 percent after the merger, since Samsung Electronics still accounts for the lion's share of 45.1 percent. The FTC concluded that free competition based on price was also under no threat because domestic chipmakers cannot raise prices easily, due to the number of rivals abroad. biz.yahoo.com