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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 9:30 AM EST

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To: Proud_Infidel who wrote (4308)1/5/1998 9:41:00 PM
From: Investor2  Read Replies (1) of 10921
 
Interesting link, thanks. The story said, "In 1998, McClean expects Siemens to cut back its spending, but its budget this year is still set at $1.3 billion."

This story doesn't sound like Siemens is cutting back too much:

biz.yahoo.com

"Despite weakening prices, Siemens has aimed to expand production capacity to enable it to become one of the world's ten largest chip makers by the year 2000.

In addition to its Dresden plant and the Virginia venture with Motorola, it will add one in England this year and expand a Taiwan site operated with Mosel Vitelic. It expected to produce 85 million memory chips, or D-RAMs (dynamic random access memories), up from 16 million in 1996."

Best wishes,

I2
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