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Technology Stocks : Teradyne
TER 198.50+0.7%3:59 PM EST

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To: Greg Thornton who wrote (646)1/8/1998 5:21:00 PM
From: D.J.Smyth   of 1184
 
according to Tom Neuman with Teradyne Atmel's reduction in capital spending does not affect Teradyne since Atmel is not one of Teradyne's customers. He also iterated that there is no backlog with Korea going forward into '98 and the letters of credit problem mentioned by Atmel is not currently a problem relative to Teradyne. Two orders that Samsung needed postponed were shipped to MU instead as they are eating up DRAM testers and need many more relative to current business. Also, even as AMAT stated business in Japan is expected to double in '98, Teradyne expects overal increase in testing equipment as well for the market there. AMAT employs about 2000 people in Japan directly.
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