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Technology Stocks : Semi Equipment Analysis

SOXX 298.01

-0.5%

Dec 15 4:00 PM EST

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To: StanX Long who wrote (9421)	4/14/2003 12:49:02 AM
From: advocatedevil	Read Replies (1) of 95580

"Samsung Elec to report drop in Q1 profit on weak chip prices" Monday April 14, 12:11 am ET By Jean Yoon Reuters Snip: But Samsung expects a recovery in chip prices in 2004 and plans to stick to its 5.7 trillion won capital expenditure for semiconductor business in 2003, Lee Yoon-woo, the president of Samsung's semiconductor business, told Reuters in an interview earlier this month. Samsung plans to invest about 6.7 trillion won for the whole company, against 4.2 trillion spent last year. A counter-cyclical investment strategy has proven effective for Samsung during the past memory chip industry downturns, resulting in market share gains and profitability. Complete article at: biz.yahoo.com AdvocateDevil

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