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Technology Stocks : Lattice Semiconductor

LSCC 63.14

-0.3%

Nov 5 3:59 PM EST

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To: E_K_S who wrote (158)	3/17/1997 10:43:00 PM
From: E_K_S	of 339

(LSCC) Lattice Semiconductor Corporation LATTICE SEMI announced that it has signed an agreement to advance Seiko Epson Corporation up to $150 million to assist in the funding of a new eight-inch semiconductor wafer fab, currently under construction in Sakata, Japan. The agreement calls for Lattice to make a $90 million advance payment to Seiko Epson, to facilitize the new fab, over the next two years with an option for an additional $60 million advance. In return, Lattice will receive guaranteed eight-inch, sub-micron wafer capacity. (PR Newswire 06:04 PM ET 03/17/97) ====================================================================== A good move by management to guarantee wafers for the next two years. I am looking to pick up more LSCC if the stock breaks $40 on this downside correction. EKS

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