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To: FJB who wrote (5965)	6/22/1998 4:33:00 AM
From: TI2, TechInvestorToo	Respond to of 10921

I find this very interesting since Intel has had several relationships with Samsung including guaranteeing business from fabs to make sure there was enough DRAM's to support intel's business. LG has always been the technically and cost challeneged of the big 3 Koreans. Any speculations on what intel may need out of this deal? TI2

To: FJB who wrote (5965)	6/22/1998 7:58:00 AM
From: Mason Barge	Respond to of 10921

<<Intel to buy LG Semicon>> This is certainly starting to look like one of the scenarios a lot of people, on this board and elsewhere, have considered -- that the outcome of the Asian mess will be that Western companies will just acquire them. While this may destroy LG's ability to work within the chaebol system, it will provide the capital they need to keep current in the 128-256mb generations (and more important, ahem, also put revenues into semiconductor equipment). And who gives a rat turd about the chaebols right now, anyway? They aren't going to provide either financing or a market for LG's products. What, LG's going to lose Acer as a customer? The real problem here may be the restrictions in Korea on foreign ownership of corporations, and the answer to their crisis (and maybe the Japanese one, as many have speculated on the financial front) may simply be to sell part of their equity for dollars. I've always been a free-trade adherent, and the free flow of capital to the east could provide a new era of world prosperity. They are hurting themselves with market restrictions as well as capital restrictions, of course, but maybe we can make some headway there, too.