LRCX this one looks good Message Board

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Technology Stocks : LRCX this one looks good

LRCX 157.46

-2.2%

Oct 31 9:30 AM EDT

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To: Amir Shalit who wrote (91)	2/22/1996 10:08:00 PM
From: Carl Smith	of 142

Amir, the cost increase of the Honda has more to do with safety regulations than inflation. Honda's as well as other cars manufactured and sold in the US, must have side impact, dual air bags, improved fuel economy with reduced emissionis, etc., these items weren't required in 1988. As long as the price of oil continues to hold under $20 a barrel I don't foresee any serious inflation. With Iraq and the UN negotiating their return to OPEC, oil will remain "cheap". During the past few years most US companies have been down-sizing and becoming more efficient. This efficency has resulted in lower costs and with improved quality. US products today are generally on par with those of other industralized nations. In the high tech area few countries can compete with us. So from my perspective (short term) the climate for stocks looks rosy even with the Dow at 5600.

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