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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (26984)12/7/1998 2:43:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Brian, could you or Will give an opinion on whether a debt to equity
swap is sound financial practice? All I know is that it will dilute
shares.
The debt/equity ratio is still quite large, even after the swap.

The chaebols today also agreed to reduce their debt-to-equity ratios from levels exceeding
500-700% and 1,000% in the case of Anam Semiconductor to no more than 200% by the
end of 1999. Earlier the chaebols had sought to relax the 200%
level, claiming they might be
unable to reach that threshold by the turn of the century.


Gottfried