Vishay Intertechnology Message Board

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Technology Stocks : Vishay Intertechnology

VSH 15.34

-4.8%

3:59 PM EST

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To: Ron Kory who wrote (162)	7/14/1998 1:18:00 AM
From: Rob1947	of 384

Ron..don't know what VSH exposure is..company doesn't break it down usually..I'm just guessing this caused recent weakness. I listened to conference call last period..VSH supplies a large share of products to European automakers..which are doing well. VSH is very well diversified across the world..but everything bad is hitting at one time it seems..probably just as well to get it all out of the way..I'm hoping street will respond favorably to greatly increased sales which should appear in Aug report (first full qtr with new companies)...but earnings may still be flat in these units. I was very impressed with managements's cost cutting on new companies purchased ...they said Siliconix (SILI) was really fat with overhead and had cut $14 million already..said TEMIC (Germany) unit can't be cut to full extent until Jan 99' due to German law.

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