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To: Woody_Nickels who wrote (4266)	11/19/1998 10:06:00 AM
From: DJBEINO	Respond to of 9582

11-20-98 U.S. Expected to Toughen Import Restrictions on Korea Next Year The United States, increasingly losing patience with Korea and the swelling trade deficit, may be tempted to toughen its regulations on Korean exports next year, a trade report said yesterday. Although highly dependent on macroeconomic stability in Korea and other recession-hit regional economies, overall trade ties between Seoul and Washington are expected to improve in 1999, said the report released by the Korea International Trade Association (KITA). ''However, the Clinton administration will surely come under growing pressure from such industries as steel, automobiles and semiconductors, to regulate imports from Korea,'' it said. President Kim's trip to Washington last June and President Clinton's scheduled visit to Korea starting today are expected to have positive effects on preventing the aggravation of the bilateral trade relationship, the nation's largest traders' group said. Within the cited industrial sectors, however, the call for crackdowns on Korean imports will rise further, as the U.S. trade deficit with Korea widens in the months ahead, it said. The U.S. trade balance with Korea enjoyed surpluses for three years until 1997, but has since turned in the red. In the first nine months of this year, the United States suffered $1.72 billion in deficits with Korea. ''The Omnibus budget bill, which passed the U.S. Congress last month, contained numerous Korea-related clauses on the IMF loans such as rising steel imports and trade deficits,'' a KITA official said. On the other hand, in the wake of the merger between Chrysler and Daimler-Benz, attempts by U.S. car makers to further open Korea's auto market will considerably weaken, the report said. Noting that U.S. steel makers recently launched a $6 million ''Stand up for steel'' campaign, the report forecast that Washington will be forced to take antidumping actions against Korean steelmakers. In addition, the allegations that Seoul has been offering subsidies to bankrupt Hanbo Steel will emerge as a hot trade issue, it said.

To: Woody_Nickels who wrote (4266)	11/19/1998 2:22:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

"Activity is picking up on select 16 MEG DRAM. Buyers are seeking 2MX8 SYNCH in both PC-66 and PC-100." according to AICE Wednesday November 18, 1998 Activity in the 64 MEG DRAM market has increased and pricing levels go higher ending the stability experienced over the past few weeks. Gainers include 4MX16 SYNCH in both PC-66 and PC-100, 8MX8 SYNCH PC-100, and 16MX4 FPM. Otherwise, 16 MEG and module trading is stable. Intel Pentium demand continues to be strong. Tuesday November 17, 1998 Trading in the Intel Pentium market highlights today's activity as demand and ordering rates remain brisk. DRAM trading is stable as pricing levels are unchanged.

To: Woody_Nickels who wrote (4266)	11/19/1998 5:12:00 PM
From: Norrin Radd	Respond to of 9582

Ken, folks tend to forget that ALSC was at $9.9375 4/98 and $15+ 7/97 and over $45 in 1995. Things can change so quickly. I'd love to see it temporarily retrace a bit, and I'd buy it again in my IRA but I think I may not be so lucky. Meanwhile I have a sizeable position in my trading account, so whatever way the short term wind blows is fine with me. Long term, I agree ALSC will survive long enough for the next boom. The winds of change are upon us for this group.....