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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: John Dally who wrote (3566)11/24/1997 6:50:00 PM
From: LLCF  Respond to of 10921
 
<Yes, I read the article, but had no luck when I tried to find it again yesterday.

Here's what I think it said: Samsung tried to borrow $300 or $400 million to buy semi equipment, but the most they could raise was $130 million because of the perceived risk.>

Yes thats it (didnt know it was Samsung)...but more than that I believe the project was cancelled for that reason...not on hold for that reason if you catch my drift....

Also, SVGI got an order from a Korean firm...I'm sure people are wondering if they'll get paid (ala Thailand) or if the order is still good. I hope SVGI get $ up front!!! If not they are stupid! That raises another concern...do you put those types of stipulation on a delivery?? What does the customer say? Things can definitely get sticky. Obviously those who are saying all business is done in $'s and so none of this matter were mistaken. Theoretical is nice but.....

DAK