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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: blake_paterson who wrote (43345)6/3/2000 4:19:00 PM
From: blake_paterson  Read Replies (1) | Respond to of 93625
 
Hyundai: There appears to be very little press coming out on Hyundai's refinancing. Their situation has significant impact on whether they will break ranks with Micron and Hitachi / NEC, in my opinion. Wish we knew more.

Only some confusing tidbits:
msnbc.com

And some unloading of assets:

Hyundai Electronics to Spin Off Monitor Division in Latter Half of 2000
URL : nikkeibp.asiabiztech.com

May 25, 2000 (TOKYO) -- Hyundai Electronics Industries Co., Ltd. on May 23 announced plans to spin off its monitor division in the latter half of 2000.

At an IR conference, the Korean company said the spin-off is aimed at focusing on high margin products such as digital and flat panel products.

Hyundai Electronics ranked as the world's 16th largest monitor producer in 1999, making a total of 2 million units (2.7 percent).

"A goal for this year is set to sell 2.5 million units (3.3 percent), with plans to emerge as the world's 10th biggest monitor company next year," a company official said.

Prior to the proposed spin off, the company said it will unleash nine new products, including CRT, LCD, and flat panel monitors, by September of this year.

(Maeil Business Newspaper, Korea)



To: blake_paterson who wrote (43345)6/3/2000 4:48:00 PM
From: The Prophet  Read Replies (3) | Respond to of 93625
 
A preliminary injunction was pled in the civil complaint, but no motion has yet been filed. The procedure would be for RMBS to file for a preliminary injunction and submit declarations to support it. In a prior email from Investor Relations, RMBS informed me that no timetable for the filing of such a motion had been set.

As for the ITC, injunctive relief is available - in the form of barring import of the infringing product into the US.