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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (62088)	3/14/2002 3:20:02 AM
From: StanX Long	Respond to of 70976

AMAT MaxPain Mar'02 $50.00. ez-pnf.com ;0)

To: StanX Long who wrote (62088)	3/14/2002 3:38:54 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Hynix, Micron Decision May Come as Soon as Tomorrow, Papers Say By Heejin Koo and Ian King quote.bloomberg.com Seoul, March 14 (Bloomberg) -- Hynix Semiconductor Inc. and Micron Technology Inc. may conclude 14 weeks of talks as early as tomorrow, resulting in what may be the largest investment in a South Korean company by a foreigner, local media reported. Talks, which involve how the remains of Hynix will survive after the sale of its main business, have a good chance of success, the Seoul Economic Daily paper reported, without citing sources. This week's negotiations will be the last, regardless of the outcome, other reports said, citing an official at the committee supervising the reorganization of debt-laden Hynix. Hynix's creditors and Boise, Idaho-based Micron, the No. 2 memory-chip maker, have held six rounds of talks aimed at hammering out an agreement whereby the U.S. chipmaker would buy part of Hynix's operations. Hynix Chief Executive Park Chong Sup was in the U.S. last week to lead negotiations some investors say have already lasted too long. ``Hynix and its creditors can't afford the talks to drag on forever,'' said Lee Seung Ho, who manages 500 billion won ($380 million) in Korean equities at Shinyoung Investment Trust Management Co. in Seoul. ``They need a decision one way or the other very soon.''