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Technology Stocks : ASML Holding NV
ASML 1,423-2.2%Jan 30 3:59 PM EST

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To: Paul van Wijk who wrote (376)3/14/1998 11:12:00 AM
From: Jim  Read Replies (2) of 43266
 
Hi all, I am puzzled by this. Why would an American finance company (Comdisco?) fund a company in Holland (ASMLF) to sell semi-equipment to Korea (Samsung, Hyundai, ...)? The Koreans are practically broke, do they expect the IMF (US taxpayer money) to pay for it? And then what comes out of it is that he Korean semiconductor companies will be able to dump more semiconductor chips on the US market below cost (they know IMF will bail them out) and put more pressure on the US semiconductor companies. Also ASMLF will be able to hype the news and inflate their stock price far beyond any other semi-equipment company in the US or anywhere else. Does anyone has any explanation for all these?

On the other hand, the recent price hike for ASMLF by "analysts" may be taken as a warning for those who are long. Usually this signals the end of a bull run for a stock. At least I noticed it in recent weeks in the case of SUNW, DELL, CPQ, and a few others. Shortly after such positive comments or "upgrades" by "analysts", the stock takes a nose dive. Generally they want to squeeze the last juices out of the stock before they dump it. The time will tell.

Regards.
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