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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?


To: Neil S who wrote (24149)9/18/1999 5:47:00 PM
From: J Fieb  Read Replies (1) | Respond to of 29386
 
BRCD has NEC, but that may not count for much.....

dailynews.yahoo.com

The Nihon Keizai Shimbun reported Friday that NEC's planned restructuring steps would result in a special loss of 100 billion yen ($917 million) for the current business year to next March. NEC will cover the losses by selling part of its stock holdings and other assets, and might consider selling its Tokyo headquarters, the financial daily said.

``It's more drastic than what the market has expected,' said Fumiaki Sato, analyst at Deutsche Morgan Grenfell. ``NEC seems to be seriously tackling restructuring under the leadership of the new president, (Koji) Nishigaki.'

much different for Fujitsu......

, modeled after Fujitsu, now considered Japan's barometer Internet stock.

Fujitsu will be speaking at the Japan con. next wk.....