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To: Mike Sendler who wrote (47895)8/31/1999 1:29:00 AM
From: DJBEINO  Read Replies (1) | Respond to of 53903
 
Korean chip makers enjoy soaring profits

Aug 31, 1999 - Korean semiconductor manufacturers are expected to enjoy as handsome profit as they had during the boom days between 1994 and 1996, in line with growing demand for memory chips, according to industry sources.

Analysts say that the global dynamic random access memory chip market is showing an obvious sign of recovery, which is similar to that of the 1994-1996 boom days.

The spot market price of 64-megabit DRAM chips, which plunged to US$4.50 last June, has soared to US$8 to US$8.65.

Samsung Electronics officials predicted that the price of 64-meg memory chips would recover to the US$10 level by the year's end. For this reason, the Korean chip maker expects more than 2.5 trillion won (about US$2.1 billion) in net profit in this year's semiconductor sales.

Hyundai Electronics Industries and LG Semicon, which suffered losses during the first half as a result of their tedious merger, also are expected to generate profits during the second half of the year.




To: Mike Sendler who wrote (47895)8/31/1999 11:44:00 AM
From: DJBEINO  Read Replies (1) | Respond to of 53903
 
Gruntal & Company Analyst to Discuss Semiconductor Stocks On RadioWallStreet Internet Broadcast



PHILADELPHIA, Aug 31, 1999 (BUSINESS WIRE) -- Advanced Micro Devices, Inc. (NYSE: AMD), Intel Corporation (NASDAQ: INTC), Texas Instruments Incorporated (NYSE: TXN), and Micron Technology, Inc. (NYSE: MU) will be discussed by Gruntal & Company Analyst Mona Eraiba on RadioWallStreet Tuesday, August 31, 1999 at 11:00 AM EDT, Investor Broadcast Network f/k/a Vcall Corporation announced.

Conducting the interview for RadioWallStreet will be Stan Corker of Emerald Research, a leading equity research firm.

To access this RadioWallStreet broadcast, investors should go to: vcall.com or go to the Investor Broadcast Network's Vcall website at vcall.com.

RadioWallStreet is an Investor Broadcast Network service that broadcasts senior executive interviews, analyst roundtable discussions, seminars and other events of interest to the investment community. RadioWallStreet events are open to the investing public and may be heard over the Internet.

Questions for this RadioWallStreet event may be submitted in advance by e-mailing greg@vcall.com. Please reference date and time in the Subject of the e-mail.