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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: DJBEINO who wrote (42605)	1/30/1999 9:36:00 PM
From: Dave Gahm	Read Replies (2) \| Respond to of 53903

Now here is an interesting article: nytimes.com Of course, you already read it here first <g>. Dave

To: DJBEINO who wrote (42605)	1/31/1999 12:59:00 AM
From: Chas	Respond to of 53903

This is bull, the market has amble supply and pricing is going to be what its going to be. Feb is always soft and its going to be this way. LG, is so wishy washy, its amazing Hyundai would even consider working with them. Whats positive for micron is less positive for the market/

To: DJBEINO who wrote (42605)	1/31/1999 8:29:00 AM
From: J. P.	Respond to of 53903

02-01-99 Gov't close to finalizing chip merger koreaherald.co.kr The drawn-out merger talks between Hyundai Electronics Ind. and LG Semicon are likely to enter the final phase this week, as representatives from the two firms and the government will meet to tackle the job security issue, sources said yesterday. Deputy chiefs of the Hyundai and LG group restructuring task forces will meet with senior officials from the Ministry of Commerce, Industry and Energy and the Ministry of Labor Affairs today or tomorrow to iron out the job security issue, the sources said. The "four-party" talks was made possible, as Hyundai made a clear-cut commitment to rehiring LG Semicon employees during a meeting with government mediators Friday. In a meeting with MOCIE Minister Park Tae-young and LG Group chief restructuring officer Kang Yu-sig Friday, Hyundai Electronics president Kim Young-hwan promised to sign documents to ensure that re-employed LG Semicon workers will not be discriminated against. However, the prospects for the semiconductor merger talks are not bright, as Hyundai still remains reluctant to accept LG Semicon employees' demand for employment guarantees for five to seven years after the merger. Further confounding the outlook, LG management and workers have failed to narrow their differences over the amount of the severance pay package. "Hyundai fears that any written promise to retain LG employees for up to seven years would discriminate against Hyundai workers, whereas LG workers are deeply suspicious of Hyundai's commitments," said an analyst. "For now, the chairmen of the groups hold the key to the stalemate," he said. LG Semicon employees have been on strike since Jan. 23, dealing serious blows to the nation's export sector. Meanwhile, the similarly deadlocked auto-electronics swap deal between the Samsung and Daewoo groups is also showing little signs of progress, amid sharp clashes of interest. (YCM)