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Technology Stocks : Semi Equipment Analysis
SOXX 342.47+1.6%Jan 16 4:00 PM EST

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To: advocatedevil who wrote (8181)1/24/2003 9:33:21 AM
From: advocatedevil  Read Replies (1) of 95737
 
"Taiwan's TSMC, UMC seen posting lacklustre Q4 profit"

biz.yahoo.com

snip:

"Both companies are expected to cut capital expenditure from last year's levels, a disappointing move for chip manufacturing equipment makers such as Applied Materials (NasdaqNM:AMAT - News) and ASM Lithography (Amsterdam:ASML.AS - News). Analysts forecast TSMC's 2003 capex will fall to about US$1.2 billion from US$1.65 billion in 2002, while UMC's may drop to US$500 million from US$800."

AdvocateDevil
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