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

To: Bipin Prasad who wrote (37172)	8/10/1998 10:11:00 AM
From: Chas	Read Replies (1) \| Respond to of 53903

I am talking about the US not EU, the preliminary report came out from the US commerce dept but was incorrect on the percentages, and the final statement is supposed to come out in September. Its just an event, and I am not saying it will carry any long term benefit for MU or the DRAM market. It could cause a spike on the day its announced depending on what it is. Supposedly, since the 12.64% assessed for Hyundai was wrong, I suspect this will be reduced, I think one article from Hyundai stated it was supposed to be around 3-6% or something like that, not sure on LG. So, my cut its going to be a failure by Micron to penalize the Koreans because they cannot prove they did any significant dumping. I think MU was just as guility, as they dumped 16M parts for $1.20 in Europe earlier this year. Good trading.

To: Bipin Prasad who wrote (37172)	8/10/1998 12:17:00 PM
From: Chas	Read Replies (1) \| Respond to of 53903

I noticed this article this morning: August 10, 1998, Issue: 1121 Section: News Commerce Again Delays Hyundai/LG Semicon DRAM Ruling J.R. The Commerce Department has delayed by one month its final ruling on the DRAM dumping case against Hyundai Electronics Industries Co. and LG Semicon Co. The decision, which had been previously postponed, is now set for anytime up to Sept. 8. Commerce held a final hearing last month, but the latest charges by Micron Technology Inc. that Hyundai was also selling memory modules below cost wasn't addressed. Hyundai had been assessed preliminary dumping duties of 12.64% and LG Semicon 7.61% earlier this year. Copyright r 1998 CMP Media Inc