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Technology Stocks : Cymer (CYMI)
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To: BillyG who wrote (21267)3/5/1999 8:40:00 PM
From: orkrious  Read Replies (1) of 25960
 
Billy, re

Samsung to spend 20% more on fabs this year

Only a month ago, Samsung said it was still sticking with a $1 billion capital expenditure budget for 1999, which was essentially the same as last year.

However, industry sources and analysts said the world's largest DRAM
producer is responding to the big ramp-up by archrival Micron Technology Inc.

This is exceptional news. Cymer will make a fortune selling picks and axes to the gold miners, most of whom will make little.

Jay
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