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Non-Tech : Invest / LTD
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To: SJS who wrote (1787)8/14/1998 1:47:00 AM
From: Alex Greenland  Read Replies (1) of 14427
 
From Fleckstien:

The real story behind tech... I would like to
read a press release from Advanced Energy
Industries Inc. (AEIS), which makes power
systems for semiconductor equipment
manufacturers. Today it fired 14 percent of its
work force and the company said,
"Semiconductor equipment customers have reduced capital
spending and delayed orders due to tough economic times in Asia,
compounded by DRAM over-capacity and lower PC sales." This is
the current situation (weak PC sales, excess capacity in DRAM ) yet
people have been mesmerized by technology and continue to buy it.



Alex G.
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