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

To: Don Green who wrote (79546)	11/3/2001 12:21:45 AM
From: Don Green	Respond to of 93625

Hynix Creditors Agree to Provide Rescue Package November 2, 2001 (SEOUL) -- Creditors of Hynix Semiconductor Inc. have agreed on a financial package for the chip maker. Main creditor Korea Exchange Bank said on Oct. 31 that creditors have decided on a 4 trillion won debt-equity swap, one trillion won worth of fresh funds, and rolling over existing debts and lowering loan interests. Such plans are based on conditions that Hynix sets DRAM prices at around US$1.00 per chip and gains liquidity of 724 billion during the first half of the year. However, should the company fail to successfully issue 500 billion won worth of capital increases, the company will lack sufficient operating funds, KEB warned. Should Hynix successfully carry on with restructuring plans, it will be able to secure 2.17 trillion won worth of funds by the first half of 2002 and another 1.22 trillion won during the latter half, Hynix officials said. (1,298 won = US$1) (Maeil Business Newspaper, Korea

To: Don Green who wrote (79546)	11/3/2001 12:27:22 AM
From: Bilow	Read Replies (1) \| Respond to of 93625

Hi Don Green; Rambus is dead. Most of my posting has moved on to other things: Member 3971784 Re: "It appears you were left speechless for that rare moment, while you gathered your thoughts, rather than waiting for somebody to ask." Do you want to talk about Rambus? Or do you want to talk about Bilow instead? Rambus at least is still modestly interesting. So what's your take on Rambus? On the Intel news? Are you buying as many shares as you can? You going short? Any expectations about what will happen at Comdex? My take on it is that RDRAM is dead, dead, dead, and that Rambus' only chance is a legal miracle. -- Carl