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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (51751)	3/13/1999 11:43:00 AM
From: Mike M2	Read Replies (1) \| Respond to of 132070

Japanese economy shrinks again from porc --''''> Message 8298915

To: Earlie who wrote (51751)	3/14/1999 2:14:00 AM
From: steve kelly	Read Replies (1) \| Respond to of 132070

Earlie; Interesting article about Hyundai Electronics making money from semiconductors in 98... Who knows how the numbers were massaged but it still looks better than MU's 570 million down loss... Do you have a link to the IDC numbers for DRAM market share that came out Friday?? on the Micron thread I have only seen the numbers for Hyundai and Samsung, amazing that the hype being pushed by the Micron bulls and Wall Streeters about the Koreans not keeping pace does not match the facts of market share gains by the Korean's.. Regards.. Hyundai reduces loss in 1998, as sales turn up A service of Semiconductor Business News, CMP Media Inc. Story posted 9:30 a.m. EST/6:30 a.m., PST, 3/12/99 SEOUL -- Hyundai Electronics Industries Co. yesterday reported a net loss of $112 million in 1998, down from a $146 million loss for the previous year. The Korean company said 1998 sales totaled $3.5 billion, up 29% from a year earlier. Surprisingly Hyundai said its semiconductor sector was $114 million in the black, posting an operating profit even in face of the precipitous DRAM price fall that year. The Korean firm said its debt to equity ratio had been reduced to 446% at the end of 1998, down from 688% in 1997. Hyundai provided no additional details, but the Financial Supervisory Commission of Korea earlier had complained that the chaebol were coming up with better debt-to-equity ratios simply by re-evaluating assets higher. At the same time Hyundai's proposed acquisition of LG Semicon continued to be deadlocked in a dispute over the purchase price. An LG Group spokesperson today said yet another deadline has been set to complete the long-delayed merger--this time by the end of March. -- Jack Robertson