Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 154.74

-0.8%

Dec 1 3:59 PM EST

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To: Mason Barge who wrote (4524)	1/21/1998 12:26:00 AM
From: John Chalker	Read Replies (4) of 10921

<< The big news came as five Japanese companies announced something about semi equipments.>> The Nikkei Net reported that the five would cut semi equipment capital spending by a minimum of 10% for FY1998. This is the third consecutive year that capital spending has declined in Japan. From a high of 886 billion Yen in FY1995 to a projected FY98 number of 700 billion Yen. The projected cut of about 80 billion Yen equals about US $6.3 billion, or about one seventh of Intel's capital spending budget for 1998 (not including the DEC plant acquisition). I don't think this is a big surprise to anyone in the biz. Check the site at satellite.nikkei.co.jp and you can get it straight from the horse's mouth without any analyst spin. Chalks

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