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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: steve kelly who wrote (36370)	7/19/1998 9:04:00 PM
From: DJBEINO	Respond to of 53903

Labor Protest Expected To Peak This Week The ongoing standoff between labor and the government is expected to reach its peak this week it was reported Sunday. The Federation of Korean Trade Unions (FKTU) plans to start a general strike beginning Thursday with about 500,000 union members participating. The government has been working on various countermeasures to avoid a general strike. The FKTU plans to hold a representative union leaders meeting Sunday afternoon to reaffirm its position on the general strike, unless the government stops forced restructuring measures in various industrial sectors and the arrest of union leaders. Over the weekend, the government held a series of backdoor negotiations with the FKTU and the Korean Federation of Trade Unions (KFTU) to inform them of its willingness to accept, in part, what have been demanded by the two organizations. However, the government is known to be sticking to its hard-line policy against those who mastermind illegal strikes.

To: steve kelly who wrote (36370)	7/19/1998 9:08:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 53903

Investors should try to differentiate between semiconductor makers and producers of semiconductor-manufacturing equipment, said Michael O'Brien, a San Francisco-based technology analyst for SoundView Financial Group. "The worst may be behind the sector for the chip guys," O'Brien said, but that isn't necessarily so for the equipment makers. Investors assume that when the semiconductors move, the equipment makers will not be far behind, but that is not necessarily true this time around, he said. Also, prices of memory chips and some other specialized semiconductors began to rise last week, he said, and that is what drove up the price of Micron and some of the other chip companies phillynews.com