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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (32382)	9/5/1998 11:02:00 AM
From: Bipin Prasad	Read Replies (1) \| Respond to of 97611

It's about time for HynDai and LG to close all of their fab plants down for good to save few profitable business. Combined two have 13bil debt and can't agree on anything as of today. After merger announcement, they had another meeting to figure out who runs top management and how many to layoff and etc. They could not agree on even one issue. Some parties left the meeting and that was the end of it. Weak ones are fading away in chips now. Only strong ones will survive: SamSung in Korea, NEC in Japan, Micron(MU) in US. Even Fred Hickey, the biggest bear said we have to identify the survivor and put money in them now. These survivors will demand higher prem. when silicon shortage occurs after huge shake ups we are witnessing now. SamSung has been shutting down fabs many times lately and another two weeks this month to bring up DRAM prices. We are seeing the result. MU is like cockroach who survived several down turns and the only survivor in US again. In commodity business, even 1 cent up goes right to the bottom line. MU is the lowest DRAM producer. later, InSook