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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (29952)	1/10/1998 3:52:00 PM
From: getgo234	Respond to of 61433

Korean Stock Exchange was up 6.47% today ( 1/2 day trading session on Saturday). Advancing issues led declining issues 10 to 1. An interesting article today in (Korean Herald ? ) noting that Samsung has a market cap of 2.4 billion dollars, equivalent to the cost of one of their new chip facilities. However the $ 7.9 billion of debt on their books was a factor in the seemingly very low valuation. The article discussed how foreign corporations are actively looking for bargains in Korea. As George Soros said it is new equity that is needed in Korea not more loans. Overall it sounds like some real progress is being made in Korea. Now Indonesia.