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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (7198)	11/26/2002 10:18:09 PM
From: Return to Sender	Respond to of 95521

If saved, Hynix could spend $3.6 billion on capex over four years, says report siliconstrategies.com By Peter Clarke Semiconductor Business News (11/26/02 11:33 a.m. EST) SEOUL -- Hynix Semiconductor Inc. would be able to spend 4.4 trillion won (about $3.6 billion) in capital expenditure over the next four years if it manages to restructure its debt Hwang Hak-joong, managing director of the Korea Exchange Bank (KEB) is quoted as saying today (November 26, 2002) in a Dow Jones Business News report. KEB is Hynix' leading creditor. The reported message may tempt the struggling semiconductor equipment and materials industry to support plans for a bailout of the massively endebted Korean DRAM maker. Hynix creditors plan to review a bailout proposal from Deutsche Bank AG, the creditors' financial adviser, and come up with debt-restructuring plan for Hynix by early December, Hwang is quoted as saying in the report. According to the report, KEB said Deutsche Bank has advised creditors to swap about $1.5 billion of their debt exposure with Hynix into equity in the company and roll over about $2.5 billion in maturing debt until 2006 to rescue the ailing chipmaker. In NVLS's mid quarter update they suggested that not one of their customers are in danger of becoming non existent. I wonder about Hynix. My dictionary does not correspond with yours on the actual definition of deference. No matter, in this particular case, I think you were way out of line. If you want to substitute respect for deference go ahead. Lets stop attacking those who do not share our own viewpoints with anything other than good fundamental or technical stock analysis. At any rate you showed a complete lack of respect towards Zonder. Futhermore I do not think that this market the last few years fell due to those who have short positions as much as the market being in a tremendously overvalued condition. RtS