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.

Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: chaz who wrote (11787)	12/21/1997 11:06:00 PM
From: Scott Violette	Read Replies (1) \| Respond to of 25960

Chaz: I think some of your opinion is becoming fact. Koreans are cutting prices and dumping their product in the USA as of this past week. I know that everyone as enjoyed speculating about the recent "Asian Flu" and its ramifications on the USA. It is really interesting when it is in the news and papers, but it is different when the effects are not so hypothetical. I am involved in specialty chemicals outside of Semi Industry and the Koreans have begun using their currency devaluation and cash crisis to cut prices in the USA and to generate hard currency. I have every reason to believe that they will do the same with every other product that they make (DRAM's, steel, cars, etc.). Good news for the american shopper. Bad News for the american manufacturer competing with them.

To: chaz who wrote (11787)	12/22/1997 10:43:00 PM
From: John Chalker	Read Replies (3) \| Respond to of 25960

Chaz, I think your perspective lacks balance and some understanding of economics. Somewhere, some group will benefit enormously from the Asian troubles, and someone will profit. Even here, in this industry. Korea's competitors now have a chance to take marketshare from the Korean's and leave them in the dust. Taiwanese, European, Japanese or even US chip makers could see an opportunity for either marketshare gain or increased profit from this situation. Just the reduction in the excess capacity of DRAM production could help stabilize, even turn DRAM pricing upwards, meaning big profits for remaining DRAM makers. Economics is a balance, while not a zero sum game, people do profit at the expense of others. As for your comment on 100% cash, that maybe a suitable investment decision for you; but not for everyone. Chalks