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Politics : Formerly About Applied Materials
AMAT 303.99+2.1%Feb 5 4:00 PM EST
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To: akidron who wrote (16976)3/3/1998 11:37:00 PM
From: Clarksterh  Read Replies (1) of 70976
 
aki - assuming that the basis for your assertion that the banks aren't loaning capital to semi makers is the SEMI release that GM posted I would say that you have made a huge leap. No offense is intended, but SEMI is just reiterating a position that they, as a group, have always had - not lending money to the purchasers of equipment. As a rule they operate on LOC's. After all, they aren't banks. And, in addition, I strongly suspect that this is written in response to some of the SEMI members setting up a committee to lend money to Korean semi companies to purchase equipment. A bad idea, but SEMI doesn't want to put out a memo saying 'don't lend money to SEA', so instead they say 'don't lend money'.

So, I ask again. Where have you seen any reference to fabs in Taiwan, US or Europe having trouble finding capital?

Clark
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