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

To: Paul Lee who wrote (4573)	1/28/1999 10:39:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

is Alliance Semiconductor an internet company now!!

To: Paul Lee who wrote (4573)	1/28/1999 10:58:00 AM
From: DJBEINO	Respond to of 9582

Semiconductor Sector In Chaos When LG announced at the start of the month that it would allow its semiconductor business to be absorbed by Hyundai Electronics for a cash payment and a minimum guarantee of employment for workers there, it seemed as though a smooth transition would take place. However, workers at LG Semicon are now on an all out strike and several thousand from the Chongju and Kumi plants converged on LG headquarters in Yoido, Seoul to hold a rally demanding the survival of the company as an individual entity, as well as job guarantees. The five day strike since January 24, has seen many companies that rely on parts from LG, including Hewlett Packard and IBM, looking for alternate sources as their production lines are hit. In Yongsan Electronics Market, the price of DRAM chips has risen 10% during the duration of the walkout. Workers are demanding 60 months severance pay from LG and job guarantees of between five and seven years from Hyundai. This is seen as a reflection of workers perception of the insincerity of Hyundai's management who promised no lay-offs when it too over Kia and then promptly fired 30% of the work force. Hyundai refuse to make any promises regarding guarantees. LG say that it will return the mass resignations handed in, but will only pay compensation according to legal requirements.

To: Paul Lee who wrote (4573)	1/28/1999 11:03:00 AM
From: DJBEINO	Read Replies (1) \| Respond to of 9582

Does ALSC owns shares in Broadcom now.. BRCM @150 +5 Broadcom Corp. is a developer of highly integrated silicon solutions that enable broadband digital data transmissions to the home and within the business enterprise. The Co's products enable the high-speed transmission of data over existing communications infrastructures. For the nine months ended 9/98, revenues rose from $19.7 million to $133 million. Net income totalled $23.6 million vs. a loss of $3.6 million. Results reflect increased volume shipments of ICs and high-speed networking.