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To: PAR who wrote (2889)9/25/1999 8:40:00 PM
From: Ram Seetharaman  Respond to of 3493
 
Next two weeks should be wobbly for chips/semis.

YHOO reports on 10-7-99 and that should kick off the internets.

INTC and MOT report the 13th, LSI 21st, ESST 22nd. The chip/semis need something spectacular to get them out of this temporary slide before earnings release. Poor performers will get whacked for sure. ESST wouldn't be one of them. They will do well in their report and a $ 20 by year end is possible. ESST has a lot going for it - after the blowout report in the first quarter of 1999, they have picked up steam and won't let go for another two years. $ 40 is possible in two years at this rate of growth!



To: PAR who wrote (2889)9/26/1999 2:40:00 PM
From: tejek  Read Replies (1) | Respond to of 3493
 
From AOL news:

"Over the weekend, the government announced two major steps to try to ensure Taiwan bounces back smoothly.

Finance Minister Paul Chiu said Sunday night he was temporarily imposing tighter limits on how far stock prices can fall in a single day, to 3.5 percent from the normal 7 percent. The market has been closed since the quake struck. It reopens Monday, and many expect a plunge in prices on concerns about economic fallout from the disaster.

On Saturday, President Lee Teng-hui signed a rare emergency decree that gives the military increased powers to maintain order. The decree, which would supersedes all existing...."