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I agree.
As I often say, like with most things, it is a matter of perspective.
Doesn't look like Hynix will be buying new equipment soon.
Dow Jones Business News
KOREA PRESS:Hynix May Shut Down Outdated Production Lines
Wednesday November 13, 7:56 pm ET
SEOUL -(Dow Jones)- Creditors of South Korea's Hynix Semiconductor Inc. are reviewing shutting down outdated production lines as part of a restructuring plan for the ailing chip maker, local MBN television reports on its Web site.
Because it will be difficult to provide fresh funds for upgrading outdated semiconductor equipment, creditors are reviewing a plan to shut down some three to four lines, the report says, citing an unidentified creditor official.
Hynix currently operates 13 lines in South Korea and overseas.
Lead creditor Korea Exchange Bank is due to receive a report from its financial adviser Deutsche Bank AG on Hynix's restructuring plan next week, the report says. Korea Exchange plans to hold a briefing for other creditor banks after receiving Deutsche Bank's report.
Officials at Korea Exchange Bank and Hynix declined to comment on the report.
Hynix is slated to release third-quarter results later Thursday.
Troy, figured out how attorneys become "prominent". Check this out...
Three Prominent Ohio Firms Jointly File Class Action Lawsuit Against OM Group, Inc.
November 13, 2002 6:13:00 PM ET
CINCINNATI, Nov. 13 /PRNewswire/ -- Stanley Chesley and James Cummins of Waite, Schneider, Bayless & Chesley Co. L.P.A (Cincinnati), John Climaco of Climaco, Lefkowitz, Peca, Wilcox & Garofoli Co. L.P.A (Cleveland) and Richard Wayne of Strauss & Troy L.P.A (Cincinnati), as joint trial counsel, filed a class action lawsuit ...
Don't you pay PR Newswire to publish your own press release? <g>
AK
~~~COMPX 11/14/2002~~~~~
Previous Close 1361.27
1345 AKvetch
1368 SagDec15
AK
Wow...very impressive...
Test-y today Troy?
AK
OMG. Congo cobalt mine to shut indefinitely for overhaul
November 13, 2002 07:32:00 AM ET
NAIROBI, Nov 13 (Reuters) - The International Forrest Group said on Wednesday its Luiswishi cobalt/copper mine in Congo would soon shut indefinitely for overhaul, effectively cutting world cobalt supply by 15 percent.
But company spokesman Joseph Dassas said the Democratic Republic of Congo (DRC) mine had increased exports of concentrates to one key client, U.S. cobalt refiner the OM Group (OMG), with which the mine has an offtake agreement, to meet OM's needs during the overhaul.
"I would like to confirm that our Luiswishi copper/cobalt mine will effectively soon be closed for a complete refurbishment and to make some improvements at our flotation plant after five years of continuous operations," Dassas said by email from the southern DRC town of Lubumbashi.
"It is very difficult to estimate even roughly how long we will stop operations because we have no idea about the present condition of our heavy equipment, especially our Cascade Mill, which will need a long overhaul," he added without elaborating.
The mine, just outside Lubumbashi in mineral-rich Katanaga province, is jointly owned by l'Enterprise Generale Malta Forrest, a subsidiary of George Forrest International, and Congo's mining parastatal, Gecamines.
It produces almost 500 tonnes per month of cobalt, which is used for superalloys in the aerospace and military sectors and in turbine-based power generators.
Global supply has been about 35,000 tonnes a year for the last few years, according to the U.K.-based Cobalt Development Institute.
The mine has increased cobalt output by 10 percent this year, producing 4,888 tonnes by October 30, compared to 4,448 tonnes during the first 10 months of 2001.
At the turn of the century Luiswishi was one of the first copper mines to be exploited under the former colonial power, Belgium. But production ground to a halt in 1962 and renewed prospection initiated in 1980 by Gecamines was abandoned due to budgetary problems.
It was re-opened in November 1997 by George Forrest, who said then that the mine was expected to produce 3,500 tonnes of cobalt and 8,000 tonnes of copper per year for 13 years.
The ex-Zaire, with up to 10 percent of global copper reserves and 50 percent of its cobalt, was one of the world's leading copper producers with annual production as high as 475,000 tonnes of copper and 17,000 tonnes of cobalt in the 1980s.
Mismanagement, political crisis and massive looting of the mines in 1991 and 1993 led to the collapse of the industry under late dictator Mobutu Sese Seko, and production sank to 10 to 20 percent of its former levels. REUTERS
© 2002 Reuters
see #msg-571520
There are also a number of posts, pics with hot tub reference. I suggest you go back about 400 posts to when Carolyn went out of town, and the boyz took over <g>.
AK
Orig, my apologies. Yes, you are not a nobody. A question for you. I understand that WebTV is bad for your eyes. Is that true?
~~~COMPX 11/13/2002~~~~~
Previous Close 1349.56
1318 AKvetch
1325 JXM
1329 timhyma
AK
That's strange...the link worked in mine.
AK
Maybe we can get Phil (Bullrider) over here. He has a liquor store and should know all about this stuff.
AK
It's actually very good. Schmaltz Brewing is a microbrewery in the San Francisco area, but they sell mail order. See if the text of the labels is posted on the site. They are very funny.
AK
Churak, your link didn't work.
I'm sure Troy will stop by later, but I don't think he drinks that nanna stuff.
AK
Ahh, you found it...I see you know how to use it too. And to answer your question, I just looked; I still have my button. You still have yours?
AK
Tim, try this (click on the Hype button):
http://www.shmaltz.com/
hasher, you can believe him when he says I stole them all from him. I glomed onto the site, and posted virtually all the gifs when he was away for the weekend, so pretty much anything you post off that site on this thread, has ALREADY been posted. So there!
AK
p.s. When you gonna learn to hit the REPLY button, instead of posting to NONE??
Hey Tim, where's the disclaimer. Don't you own stock in this company? <g>
AK
Churak, you think this is gonna give the bargirls an idea?
hasher, he's mixed up already...one banana daiquiri...
Right you are Churak...
hasher is stealing them from me. BTW, if you had a COMPUTER, it would be easy. Nobody here knows how to use WebTV.
Good call...
Wanna take a survey of WebTV users vs. computer users here? <g>
AK
Wanna take a survey of WebTV users vs. computer users here? <g>
AK
Orig, I hear the music just fine...did you give up on the .rmf file thingie...was anybody able to get it o.k.?
BRCD. Sony China Standardizes on Brocade SAN Infrastructure to Enable Continuous Availability of Critical Business Data
November 12, 2002 08:22:00 AM ET
Leading Broadband Entertainment Provider Consolidates Network Data Backup for Improved Business Continuity on Brocade Storage Area Network
SAN JOSE, Calif., Nov. 12 /PRNewswire-FirstCall/ -- Brocade Communications Systems, Inc. (Brocade(R)) BRCD, the world's leading provider of infrastructure solutions for Storage Area Networks (SANs), announced today that Sony (China) Ltd., a leading provider of audio, video, communications, and information technology products for the consumer and professional markets, has standardized on Brocade as the highly available, intelligent foundation for its storage environment. Enterprises such as Sony (China) Ltd. need to cost-effectively manage the rapid growth of information created by e-business and other data-intensive applications, such as SAP and e-mail.
Sony has turned to a Brocade SAN as a cost-effective way of centralizing and managing critical enterprise data. The company determined that a Brocade SAN would give them the ability to implement a strategic IT infrastructure, increase application performance, and manage ever-growing information assets. The Sony (China) SAN is based on 2 gigabit per second Brocade SilkWorm(R) 3800 Enterprise Fabric Switches and currently gives the company continuous access to more than 500 gigabytes of data.
"As a result of implementing a Brocade SAN, we have reduced our backup time to nine hours, allowing for daily backups. These can be performed overnight, so critical business operations are not interrupted. In addition, because we have removed the LAN from the backup and recovery process by implementing a SAN, each server sends its own backup data directly to the shared tape resources instead of through the network to the backup server, giving us continuous access to data," said Jin Yong, Sony (China)'s IS Department Supervisor.
"Brocade is pleased to work with Sony to help it handle rapid growth of data and the demand for high-speed data information processing. Brocade continues to exceed the needs of our customers by enabling global organizations like Sony to develop and deploy strategic SAN infrastructure strategies to better manage growth while optimizing existing IT environments," said Jeffrey Brooks, Brocade Chief Marketing Officer.
Viagra Coffee
This elderly lady went to the doctor for a checkup. Everything checked out fine.
The old lady pulled the doctor to the side and said, "Doctor, I haven't had sex for years now, and I was wondering how I can increase my husband's sex drive."
The doctor smiled and said, "Have you tried to give him Viagra?"
The lady frowned. "Doctor, I can't even get him to take aspirin when he has a headache," she claimed.
"Well," the doctor continued, "let me suggest something. Crush the Viagra into a powder. When you are giving him coffee, stir it into the coffee and serve it. He won't notice a thing."
The old lady was delighted. She left the doctor's office quickly.
Weeks later the old lady returned. She was frowning and the doctor asked her what was wrong. She shook her head.
"How did it go?" the doctor asked.
"Terribly, doctor, terribly."
"Did it not work?"
"Yes," the old lady said, "It worked. I did as you said and he got up and ripped his clothes off right then and there and we made mad love on the table. It was the best sex that I'd had in 25 years."
"Then what is the problem, ma'am?"
"Well," she said. "I can't ever show my face in McDonald's again."
Oh, you mean you feel like this? ....
Mark, you realize you are shouting? Bad form. Are you invested in OMG? I know you are an independent thinker so I'm sure you didn't blindly follow Zeev into, and out of it. I thought your "broker" got you into a stock, so I guess you do let someone help you in your decisions. My question, why are you posting on the thread, when you could be doing something healthy, like riding your mountain bike around the golf course; it would help you with managing your anger.
Best to you,
AK
broderick, learn something every day. That's how I always opened a new window. I didn't know about the Ctrl n trick. Thanks!
AK
Have you tried changing the screen resolution just to see if that solves the problem? You can always change it back. Sometimes you cannot use all the resolution a monitor/LCD can deliver for a specific task.
AK
Secrets to a happy marriage:
1. It is important to find a woman that cooks and cleans.
2. It is important to find a woman that makes good money.
3. It is important to find a woman that likes to have sex.
4. It is important that these three women never meet.
~~~COMPX 11/12/2002~~~~~
Previous Close 1319.13
1301.02 SagDec15
1326 AKvetch
1329 timhyma
AK
Nah, you get this one.
~~~COMPX 11/11/2002~~~~~
Previous close 1359.21
1326 timhyma
1329 AKvetch
1332 JXM
1340 Horsetrader
1345 WTMHouston
1350 Muell
1354 SagDec15
1367 Albert
1370 shao
1379 Phil
1386 MM
Edit: Amended to conform to "3-point difference" rule. AK
Right! #msg-569559
AK
Yup, that's Colt alright. He sent the photo to us to for "pre-approval".