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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (53681)12/30/2002 10:58:20 AM
From: phbolton  Read Replies (1) | Respond to of 53903
 
Hynix rescued for third time (to the tune of $4bn)
By Drew Cullen
Posted: 30/12/2002 at 10:29 GMT

Is there no end to the munificence of Hynix debt-holders? Mostly Korean banks, the Hynix lenders have saved the DRAM maker's bacon for the third time. In two years.

The rescue package sees $4bn of debt reshuffled with approx. 40 per cent swapped for equity and longer repayment terms granted on the rest. The Korean banks may be stupid, but they are not that stupid: no new money is advanced to Hynix.

more at theregister.co.uk



To: Sam Citron who wrote (53681)2/10/2003 11:40:53 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
sam, where is that list of reps w/ ph#s? -lol-

micron is a joke.

"low cost producer" of dram nobody wants! rotflmao!

what a bunch of losers and they are running out of suckers to support their lame butts.

guess congress really is left. my guess is they've been increasing their losses by contributing to their fav politicians and expect a ROI, something they can't get in dram.


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