Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dave B who wrote (52587)	9/5/2000 12:20:46 AM
From: Bilow	Respond to of 93625

Hi all; Patent news from far east tonight: LG Files Patent Violation Charges Against US, Taiwanese Cos. LG Electronics said yesterday that it has filed patent violation suits against five American and Taiwanese companies with federal courts in Virginia and New Jersey. LG officials said the companies, including DTK and Everex of the United States and Asustek of Taiwan, have been using LG's PCI (peripheral components interconnect) bus technology without prior approval or agreements. ... In addition to the PC manufacturer, LG is also sending out correspondence to large computers, including Cisco Systems and Silicon Graphics, to ask them to formally license the technology. "Should we be able to win the patent violation suits, we stand to earn millions of dollars in royalties every year," the official said, adding that Intel recently won a similar case, thus making prospects bright for LG. hk.co.kr -- Carl

To: Dave B who wrote (52587)	9/5/2000 12:20:59 AM
From: Don Green	Respond to of 93625

S Korean Kospi Dn Midday On Samsung Elec Losses Dow Jones Newswires SEOUL -- Share prices on the Korea Stock Exchange are lower midday Tuesday, due to heavy losses in index heavyweight Samsung Electronics Co. from active foreign selling, analysts said. At 0310 GMT (11:10 p.m. EDT Monday), the Korea Composite Stock Price Index, or Kospi, was down 11.62 points, or 1.7%, at 669.68. Trading was thin with 121.8 million shares valued at 852 billion won ($1=KRW1,104.8). Decliners were leading gainers 495 to 321 with 48 issues unchanged. A total of 39 issues were up by the daily 15% limit while seven issues were limit down. Samsung Electronics, which accounts for nearly 20% of total market value, has plunged KRW14,000, or 5.24%, to KRW253,000, nearing its yearly low of KRW239,000, on foreign selling. Foreign investors are wary of Samsung Electronics' future prospects in view of mixed forecasts for the global semiconductor market, analysts said. The over-the-counter Kosdaq, was also down 1.25 points, or 1.16%, at 106.38. "The market is a mess today due to heavy losses on key blue chips." said, Lee Sang-Jun at KFB Securities Co. SK Telecom Co. is down KRW7,000, or 2.9%, at KRW231,500 after the company stopped providing mobile phone handsets to its retail dealers as a part of efforts to reduce its market share. After it merged with Shinsegi Telecom, the government asked the company to reduce its market share to 50% or less. Samsung Electronics, the market's biggest handset provider, has also been hurt by SK's move. Hyundai Electronics Industries Co. has fallen KRW700, or 3.7%, at KRW18,100 on concerns about its ongoing patent battle with Rambus Inc. Worries over next week's doublewitching day continued to hurt the stock market, analysts said. Both September futures and option contracts expire on Sept. 14, just after the Sept.11-13 Chusok, the Korean Thanksgiving holiday. Analysts predict that the main board to remain bearish throughout this week on concerns of heavy program-related selling and expect the key index to trade between 660 and 680 points in the afternoon session. -By Nara Han and Suh Hae-sung, Dow Jones