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To: Zeev Hed who wrote (27502)	1/31/1998 7:56:00 PM
From: Richard Russell	Read Replies (1) \| Respond to of 53903

ZH, It is my understanding that Korea has made semiconductors the backbone of their economy. Do you think that they will just give it up and close down fabs? IMO the consolidation and restructuring that is going to occur will only strengthen their position. And capacity restraints occur won't the Japanese and Chinese easily pick up the slack? As far as mu "doing just fine" when do you think they will get back to profitability? And if they do make a whopping $2.00 in 99 what would be a fair stock valuation? RR