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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 149.55+4.4%10:42 AM EST

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To: Justa Werkenstiff who wrote (5422)5/14/1998 10:21:00 PM
From: Ramsey Su  Read Replies (3) of 10921
 
Picked this up off Nikkei Times. Looks like the Japanese companies are doing better than the US? Does this make sense?

TOKYO (Nikkei)-Sales of semiconductor manufacturing equipment,
including imports, in Japan declined 2.7% to 744.51 billion yen in fiscal
1997, falling year-on-year for the first time since 1992, according to
statistics released Thursday by the Semiconductor Equipment
Association of Japan (SEAJ).

Japanese equipment makers enjoyed an impressive year, however,
recording sales 10.5% higher to a record 1.32 trillion yen. Their strong
performance was supported by a 24.2% surge in exports to 748.2
billion yen.

The numbers show that while investment by Japanese semiconductor
makers is falling, manufacturers in Taiwan, North America and other
markets are pursuing aggressive spending plans.

(The Nihon Keizai Shimbun Friday morning edition)
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