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Re: Threejack post# 4995

Monday, 07/11/2005 3:58:31 AM

Monday, July 11, 2005 3:58:31 AM

Post# of 17023
Hi Threejack,

I see that you also have some paranoid traits (like me:) , but one learns as a Rambus investorwink

re:
Maybe the Hyundai chaebol traded the stock up to achieve a better equity for debt deal in its latest creditor shuffle; this round the locals took the loans.

Hynix wasn't really in receivership, that deal was made quite a while ago (about june 2002) with the creditors after the whole theater about the potential MU takeover (karate chopping Koreans in the streets, many). The point I was trying to make is that those banks (a.o. Korean Exchange Bank) are part of the chaebol, it's all one big clan.

But on the cash, they are spending it fast, going to build a fab in China. (no more in the Stateswink

Cheers
Cor



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