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Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST

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To: Murti Gajjala who wrote (19033)4/28/1998 7:03:00 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
Re. Taiwan cap-equip spending plans:

"For every US$100 in earnings, Taiwan plans to spend $110 in investment"

This is not tenable, long-term. How can you spend more on investment than you earn from that investment? Isn't this the same market-share-at-any-cost philosophy that got S. Korea in its current mess? I predict these pie-in-the-digital-sky numbers won't happen.
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