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To: Q. who wrote (3712)12/11/1997 10:51:00 AM
From: Teri Skogerboe  Read Replies (2) | Respond to of 10921
 
John,

I also feel that it's only "a matter of time before we learn"...

204.252.70.41

Excerpt:
Korean Electronic Giants Put Brake on Investments

December 11, 1997 (SEOUL) -- Korea's leading technology investors, hit by the fallout from the country's financial crisis, are facing a severe setback in their march into global markets.

Even as Korea's allies and the International Monetary Fund (IMF)
begin to carry out an emergency transfusion of nearly US$60 billion in
the world's largest bail out effort, Korean conglomerates, including
major electronics makers, are putting a brake on their global
investments. (see keyword)

The future of several multi-billion-dollar, high-tech projects has been thrown into doubt.

Samsung Electronics Co., Ltd. said an expansion at its Austin, TX,
memory facility, which was scheduled to start production in December
as part of a US$1.3 billion project, may be delayed. ...snip...