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Technology Stocks : Semi Equipment Analysis

SOXX 312.76

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4:00 PM EST

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To: StanX Long who wrote (6469)	10/25/2002 8:10:03 AM
From: Sarmad Y. Hermiz	of 95536

>> Note the bold at the bottom, Stan. Chartered Semi profit in line but warns on fourth quarter << Stan, Actually the rest of the article is even more interesting, though very badly written. The gist is: Chartered had quarterly rev of approx $130m, and a loss of $89m on those rev. And they expect things to get worse. In response they will reduce staff costs by $8m/annually. And spend $450m on equip. Even more interesting, they were able to raise $612m by selling stock. Why is this company in business ?

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