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

To: Steve Smith who wrote (4485)	1/11/1999 9:32:00 PM
From: Ram Seetharaman	Read Replies (2) \| Respond to of 9582

Little better sales and profit numbers, upbeat future forecast, and "buy" ratings from couple of Wall Street analysts - ALSC will go to $ 15 in 1999.

To: Steve Smith who wrote (4485)	1/11/1999 11:57:00 PM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Intel will invest US$500 million in Hyundai Electronics Industries Jan 12, 1999 - Intel Corp. of the United States will invest US$500 million in Hyundai Electronics Industries, which is to merge with LG Semicon, through equity participation, a Hyundai official said Monday. He said that Hyundai's negotiation with the U.S. semiconductor giant, which has been progressing at a snail's pace, will be completed by the end of March at the latest with the agreement for integration between Hyundai and LG Semicon. Intel will own about a 10% stake in the integrated semiconductor firm, which is to be led by Hyundai Electronics Industries, according to the official. Hyundai also plans to attract up to US$1.5 billion in its liquid crystal display and telecommunications business units. Meanwhile, negotiations for the Hyundai-LG semiconductor merger are dragging, as LG Group has taken a rigid stance on terms. LG is insisting on a guaranteed retention of employees for five to seven years, as well as cash payment for equity in LG Semicon.