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Technology Stocks : CYRIX / NSM

NSM 18.27

0.0%

Jul 31 5:00 PM EST

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To: Joe NYC who wrote (29701)	10/5/1998 2:03:00 PM
From: Joe NYC	Read Replies (1) of 33344

National Semiconductor Announces Plans to Restructure and Spin Out Wafer Manufacturing Operations in Scotland biz.yahoo.com NSM is trying to get rid of uncompetitive capacity. But: National attributed the actions to continuing weakness in the global semiconductor market, which has resulted in underutilization of the company's wafer manufacturing sites worldwide, excluding the company's new 0.25-micron facility in South Portland, Maine, which is operating at full capacity. NSM is in a tough situation. A lot of the capacity is underutilized and uncompetitive. The new fab is not fully equipped yet. NSM has to weigh every dollar spent on new equipment during this downturn. I think I read on Yahoo that they are processing 10,000 / month. And total capacity is supposed to be 30,000. So we have a way to go. I guess the rest of the fab will be equipped with equipment capable of .18u Joe

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