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Technology Stocks : Teradyne
TER 198.27-0.2%2:22 PM EST

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To: jim shiau who wrote (595)11/26/1997 5:28:00 PM
From: David Aegis   of 1184
 
Re: Samsung Cap Ex plans--While the overall company is planning to cut cap ex 30% in 1998, semi equip cap ex will be unchanged versus 1997 according to this story:

techweb.cmp.com

I am thankful that the panic sell-off in semiconductor equipment stocks has not bankrupt me because I was fortunate enough to buy them during the 1996 panic when they were selling for the per share equivalent of net working capital.

Happy Thanksgiving to all of you and may you have the cash to take advantage of the current panic,

David
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