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Technology Stocks : LRCX this one looks good
LRCX 156.75-2.6%1:39 PM EDT
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To: Jim Tao who wrote (112)2/29/1996 11:49:00 PM
From: Carl Smith   of 142
 
Jim, picked up this under Larry Dudash BABBLE (2/29).

Quote
A Hyundai spokesman said that under the five-year plan, the
company will spend a total of $6.6 billion to build four memory
chip plants in the U.S., the U.K. and southeast Asia. The
company will spend $2.6 billion on two memory chip plants, one
in the U.S. and one in the U.K., each with projected monthly
outputs of 30,000 units of 8-inch wafers. The company will also
spend $4 billion on two chip plants, one in the U.S. and one in
the U.K., each with projected monthly outputs of 30,000 units of
12-inch wafers.
Unquote

If news like this doesn't create optimism in for the chip manufacturers
then I'm afraid nothing will.
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