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To: Bipin Prasad who wrote (40549)10/30/1998 10:20:00 AM
From: DJBEINO  Read Replies (1) | Respond to of 53903
 
Samsung Discuss Sale Of Puchon Plant

Samsung Electronics announced Friday that it is negotiating the sale of its Puchon plant for US$480 million with several foreign companies including Fairchild of the US. The plant which manufactures micro computers, will be operate on a joint ownership deal to begin with, followed by Samsung totally divesting itself in a secondary phase of the sale.

The company is also planning to make its DRAM factory in Onyang an independent company. At its main plant in Kihung it will either make between one to five lines independent companies or convert production to LSI systems.



To: Bipin Prasad who wrote (40549)10/30/1998 10:22:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 53903
 
bp, i'd play mu's ability to leak information 1 month before the eps release. i think there is a high probability that mu slides toward the end of november time frame. in addition, the whole market is all giddy and is due for a slight correction at least. don't expect it to take too long.

but, jans wouldn't be a bad play. depends on risk tolerance and paradigm.

good luck.


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