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Technology Stocks : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: DJBEINO who wrote (4480)1/11/1999 2:31:00 PM
From: Norrin Radd  Respond to of 9582
 
This part is excellent: "...LG's announcement dashed hopes for an early settlement of the negotiations over Hyundai Electronics' acquisition of LG Semicon, analysts said. Hyundai failed to make official comments, but may find most of the LG demands hard to swallow, the analysts forecast. Kang Yu-sig, president of LG's executive office for corporate restructuring,told a news conference that a guarantee to rehire all LG Semicon employees for up to seven years will be the foremost issue in the merger talks. "Unless LG's demand for the employment guarantees is not accepted, an extreme measure will not be ruled out," he warned.

He refused to elaborate on the extreme measure, but analysts speculated it may mean a collapse of the talks....."

If I was a foreign investor thinking about investment in Korea, I'd stay far away when I saw this kind of stuff. Keep it up boys! Slug it out.