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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (4426)	9/12/1998 12:19:00 PM
From: Mark Oliver	Read Replies (3) \| Respond to of 9256

<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.> I figured this story was much more likely with Samsung and Hyundai/Maxtor combining their disk drive units. I have wondered how much they used the IPO on Maxtor as a way out of a merge? Now that Maxtor is a public company, can it stil be combined, or forced to combine? What other area will be targets? Flat Panel Displays, CRT's, ship building, etc. In the short term, it seems to be painful to see these mergers as I still own some semi equipment stock, but in the end I believe it has made them great bargains. Regards, Mark