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To: Mark Oliver who wrote (4397)9/9/1998 12:20:00 PM
From: Sam  Respond to of 9256
 
Mark,
The LG/Hyundai marriage is not what it looks like on the surface. It is a shotgun marriage where the squabbling began even before the marriage started. See
exchange2000.com.

My comment to the above post was: "Fascinating. LG must have some heavyweight backers. This may end both of them, and solve the supply problem immediately. Maybe its actually Samsung that has the heavyweight backers?"

On the Congress/Clinton business: the brilliant plan of the Republicans seems to me to back Clinton/Gore into resignations so that Newt can take over. Then we will have a man who married his high school teacher only to tell her while she was in the hospital being treated for cancer a decade or so later that she wasn't "pretty" enough to be the wife of a President; who last year told the House Judiciary Committee that he wouldn't contest his plea bargain publicly in the morning and who that afternoon was caught on a cell phone making plans to do just that taking over the WH. Somehow no one seems to consider that perfidious perjury or anti "family values", but they all pretend to believe that Clinton's statements/actions merit dismissal. I find it just amazing, even by Congressional standards. Let's not even get into the pass they and the press gave to Reagan all those years on his family values or his continual administration lies and defiance of Congress, Iran-Contra only being the most remarkable.



To: Mark Oliver who wrote (4397)9/11/1998 4:40:00 PM
From: Sam  Read Replies (1) | Respond to of 9256
 
Mark,
More on the LG/Hyundai squabbling before their proposed marriage:
news.com

Excerpt:
On a global level, the merger would spur the shake-up
in the memory chip industry that is already under way
with several firms vowing to exit after years of sliding
chip prices.

"The merger would result in slowing down the global
capacity expansion and will have a long-term positive
impact price-wise," said Jeon Woo-jong, an analyst at
Dongwon Securities.

Despite the dispute, analysts said the merger deal itself
would likely go ahead. South Korea has told its big
business conglomerates, or chaebol, to actively seek
mergers, exchanges of business lines or other ways to
ease the severe domestic oversupply in a several key
industries, resulted from years of overlapped
investment.