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To: Kerry Phineas who wrote (26772)	1/17/1998 6:56:00 PM
From: DJBEINO	Respond to of 53903

Koreans on cash-only basis Foreign raw material suppliers this past week placed South Korean chip makers on a cash-only basis, putting a temporary glitch into their DRAM production. The current banking crisis left Korean banks short of foreign currency to issue letters of credit for importing such chip materials as packaging epoxy, wafers, headers, and processing chemicals, write EBN's Jack Robertson and Andrew MacLellan. LG Group confirmed it was unable to secure overseas credit for material needed to manufacture chips. "It could be one factor in the lower quantities of DRAMs the Koreans have been dropping into the spot market since the first of the year," says Montgomery Securities' Jonathan Joseph.

To: Kerry Phineas who wrote (26772)	1/17/1998 6:58:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (1) \| Respond to of 53903

Saw Tommy Boy again yesterday..One Funny Movie..Sad that Farley is gone..He was warned by so many of his friends to change his lifestyle.

To: Kerry Phineas who wrote (26772)	1/19/1998 11:04:00 AM
From: Thomas G. Busillo	Read Replies (2) \| Respond to of 53903

Kerry, that's definitely one way of looking at it <g> I guess I interpret what he's saying about the industry as follows: When/if the industry settles down and gets into supply-demand parity (or better, if you're a producer; and that begs the question of where demand is going) this company should benefit. Right now, despite the fact that new capacity that was expected to come on line in the future is being scaled back or cancled outright (and down the road that's a good thing), there are still problems re: capacity that's already up and running. In general, as bearish as I've been on MU that's my industry-level take. It took a financial meltdown to get some of the Asian players to do what common sense dictated, but if the net result is to make the "supply" part of the equation a little better down the road, it's something to be considered. Putting this thing as a "priority list buy" based on the above is IMHO at best pretty shakey and at worst shows an almost brain-dead appreciation for risk. IMHO, there probably are a lot of heavy-hitters who fully believe that MU isn't going anywhere until Tom Kurlak gets his boot off its neck. If MU was under 20 and the $SOX was near 200 (or below) and it was August/November - I'd say that would be the time to look for TK to swing back into "buy" phase and MU to begin a long-term climb. Good trading, Tom