SI
SI
discoversearch

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 : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: michael i olson who wrote (2681)3/3/1998 9:09:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 9582
 
REVIEW OF ANTIDUMPING DUTY ORDER ON DYNAMIC RANDOM ACCESS MEMORY SEMICONDUCTORS FROM THE REPUBLIC OF KOREA

BACKGROUND. On June 19, 1997, the Department initiated the fourth administrative review of the antidumping order on dynamic random access memory semiconductors (DRAMs) of 1 megabit and above from Korea. The review covers the period from May 1, 1996, to April 30, 1997, and the following two manufacturers/exporters: LG Semicon. Co. Ltd and Hyundai Electronics Industries Co. Ltd. The review also covers four third-country resellers of Korean DRAMs: Techgrow Ltd. (Hong Kong); Singapore Resources (Pte) Ltd.; NIE Electronics (M) Sdn. Bhd. (Malaysia); and Vitel Electronics Ottawa Office (Canada). The Department announced its preliminary results on March 3, 1998.

PRELIMINARY RESULTS:

Respondent Preliminary Margin (percent)

Korea

LG Semicon. Co. Ltd 7.61

Hyundai Electronics Industries Co. Ltd. 12.64

Third-Country Resellers*

Techgrow Ltd. (Hong Kong) 12.64

Vitel Electronics Ottawa Office (Canada) 12.64

* Singapore Resources and NIE Electronics stated that they made no sales of the subject merchandise to the United States during the period of review.

CASE CALENDER:

Preliminary Results March 3, 1997

Final Results Approximately 120 days

IMPORT STATISTICS: (Source: U.S. Customs)

Over $425 million reported U.S. sales

$1,366 billion (entered value) from the Republic of Korea (This includes companies that were not included in the review).



To: michael i olson who wrote (2681)3/3/1998 11:05:00 PM
From: Mookie Pierce  Read Replies (2) | Respond to of 9582
 
Well, we held up today. Even on the little move up, the 8 day EMA finally moved above the 12 day EMA on the weekly chart. It was not pretty and did not do so with flying colors, but none the less it's a positive sign. I though it would do so this week, but hoped it would do so more strongly than it did.

My prediction is that in 10 days or less we will be above 7 or below 6. I think our days in the 6 - 6 3/4 range are numbered.

Gotta stay above 6 1/16 tomorrow. IMHO.