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

To: Norrin Radd who wrote (3927)	9/9/1998 6:35:00 AM
From: charles j. aaron	Read Replies (2) \| Respond to of 9582

To All: If ALSC has enough cash to make it 18 months, as I have been told it does, then there is really nothing to worry about. These prices present a tremendous trading/buying opportunity. When does ALSC report earnings? DID you see TDDDF yesterday. It was beaten down it gained 40%. This stock has a 52 week high of 50+ and is now trading at 3.5!!!!! Here's the real buy long term. IMPX was up 30% but trading at dangerous levels. I agree, where's the insider buying at these levels? Chuck.

To: Norrin Radd who wrote (3927)	9/9/1998 4:32:00 PM
From: DJBEINO	Respond to of 9582

Final Results of 1996-97 Administrative Review of Dynamic Access Memory Semiconductors (DRAMs) from Korea Case Calendar: Order published May 10, 1993 Initiation of 1996-97 Review June 19, 1997 Preliminary results signed March 2, 1998 Preliminary results published March 9, 1998 Final results signed September 8, 1998 Period of review: May 1, 1996 through April 30, 1997. Volume of subject imports: More than $400 million during the review period. Scope of review: The full scope of review is presented in the Department's notice of final results. Generally, imports covered by this review are DRAMs of one megabit and above from Korea. Included in the scope are unassembled and assembled DRAMs. Unassembled DRAMs include processed wafers, uncut die and cut die. Processed wafers produced in Korea, but packaged or assembled into memory modules in a third country, are included in the scope; wafers produced in a third country and assembled or packaged in Korea are not included in the scope. Assembled DRAMs include all package types, including VRAMs and any future packaging of DRAMs. The scope also includes memory modules, whether mounted or unmounted on a circuit board. Modules which contain other parts that support the function of memory are covered. However, modules which contain additional item that alter the function of the module to something other than memory are not covered. Removable memory modules placed on motherboards are covered unless the importer certifies that that neither it nor any affiliate or contractor will remove the modules after importation. Petitioner: Micron Technology, Inc. Respondents and Final Results Margins: Manufacturers/Exporters Hyundai Electronics Industries Co. 3.95% LG Semicon Co., Ltd. 9.28% Third-country Resellers Techgrow Ltd.(Hong Kong) 9.28% Vitel Electronics Ottawa Office (Canada) 9.28% POSCO 0.69 percent (de minimis) All Others -------------------------------------------------------------------------------- Volume and Value of Imports: FOB Value (US$) Volume (metric tons) 1997 6,084,670 3,893 From Petition Final Results Margins: POSCO 0.69 percent (de minimis) All Others 0.69 percent (de minimis)

To: Norrin Radd who wrote (3927)	9/9/1998 10:39:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Hyundai, LG Semicon Shares Fall After U.S Chip Dumping Ruling Bloomberg News September 9, 1998, 6:40 p.m. PT Hyundai, LG Semicon Shares Fall After U.S Chip Dumping Ruling Seoul, Sept. 10 (Bloomberg) -- Hyundai Electronics Industries Co. and LG Semiconductor Co. shares fell after the U.S. Commerce Department ruled the two companies sold computer memory chips in the U.S. at unfairly low prices. The ruling may lead to a 9.28 percent duty on LG Semicon exports of some computer chips to the U.S. and a 3.95 percent tariff on Hyundai Electronics. Hyundai shares dropped 1.31 percent to 30,100 won and LG Semicon fell 4.25 percent to 10,150. The final judgment by the department's International Trade Administration, which follows a preliminary ruling in March, covers most dynamic random access memory (DRAM) chips, the standard memory chip in the current generation of semiconductors used in computers and a broad array of electronic products. The two companies, along with Samsung Electronics Co., are the largest producers of computer chips in Korea, the world's biggest producer of the devices, which are key to production of virtually all electronic goods. The ruling relates to more than $400 million in Korean exports in 1996 and 1997. Companies Protest Daniel Lee, general manager of LG Semiconductor America in San Jose, California, said the Commerce investigation was flawed because the determination of ''dumping,'' the practice of selling below fair value to gain market share, was based on data that included sales by ''unrelated third parties.'' ''We at LG Semicon were completely unaware of these sales,'' said Lee. ''These sales were not made by LG Semicon, nor were they authorized by LG Semicon.'' Because of its flawed methodology, the department's ruling is ''neither fair nor supportable under U.S. law.,'' he said. ''The ITA's final decision lacks any legal or factual basis and we are confident it will be overturned by the (U.S.) Court of International Trade'' in New York City, said Lee. The company plans to file a protest with the court shortly, he said. Hyundai Electronics spokesman Pang Min Ho said the company is considering protesting the decision which will affect imports shipped between May 1996 and April 1997. ''Looking forward, we feel we have solved the dumping problem with the recent opening of our factory in Oregon,'' said Pang. ''The factory will produce 90 percent of Hyundai's DRAM chips.'' Dumping Margins The proposed duties are intended to reflect the margin below ''fair value'' at which chips produced by the two companies are sold in the U.S. Fair value is determined based on production costs, and the cost of chips in their home market. The International Trade Commission, a separate and autonomous U.S. government agency, must now make its final determination of whether the alleged dumping of memory chips by the two companies poses a real or potential threat to U.S. chipmakers, including Micron Technology Inc. of Boise, Idaho, and Texas Instruments Inc. of Dallas, Texas. If the ITC determines injury or potential injury to U.S. companies -- and that ruling should come within the next 60 days -- the punitive tariffs will be imposed retroactively for the 12 months starting in May 1996. LG Semicon exports about 10 percent of its total output to the U.S., while Hyundai exports about 40 percent of its chips to the U.S. Samsung Electronics, the largest producer of DRAMs and other computer chips in Korea and the world, isn't affected by the charges. Samsung adjusted its U.S. export prices and practices to satisfy the terms of a 1992 anti-dumping decision. The ruling could force the Korean companies to pay a punitive tariff on the earlier period and post a bond for the period going forward, which will act as a clear deterrent to such practices in the future. DRAM prices in the U.S. have tumbled in the last two years, partly due to the cyclical nature of the industry but also because of the devaluation of Asian currencies, including the Korean won. Prices for 16-megabit DRAMs currently range between $1.80 and $2.00 while prices for 64-megabit DRAMs range between about $8.50 and $10.50. That represents a decline of roughly 95 percent over the last two and a half years. Hyundai controls about 8 percent of the global semiconductor market, LG Semicon about 4 percent and Samsung about 14 percent. Micron and Texas Instruments control about 10 percent and 7 percent, respectively, according to a recent report from de Dios & Assoc. The U.S. is the world's largest semiconductor market.