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To: Patrick Koehler who wrote (29887)	3/10/1998 2:28:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

In the chip market, the embassy forecast a 50 percent cancellation of facilities investment for semiconductors, but said investments for the 256-mega DRAM (dynamic random access memory) chips would be carried out as scheduled. It added that South Korean chipmakers could only be competitive if the won/dollar rate was 1,300 or higher. The won closed at 1,595 against the dollar on Tuesday biz.yahoo.com