Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 321.89

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1:32 PM EST

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To: Gottfried who wrote (10895)	11/12/1997 11:24:00 PM
From: davesd	Read Replies (2) of 70976

Well GM...maybe TI wasn't talking about Korea..... Plant Investment Cut for 1st Time in Six Years Korea's top 30 conglomerates are expected to cut their combined investment in plants and equipment next year for the first time in six years because of the country's slack economy and a banking crisis that makes loans harder to come by, according to a survey by the Federation of Korea Industries, which represents executives of large conglomerates. Combined capital investment is seen at 52.24 trillion won ($52.4 billion) next year, down 1.39 percent from 52.98 trillion won projected this year. (Korea Economic Daily) dave

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