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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: tombet who wrote (33471)12/9/1999 11:02:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 70976
 
December 10, 1999 (From tomorrow's WSJ)


Business and Finance - Asia
Rise in Machinery Orders Shows
Strength of Japanese Recovery
By SHINO KIMURA
Dow Jones Newswires

TOKYO -- Japanese machinery orders -- a key leading indicator of capital spending -- rose for the third straight month in October, suggesting that private investment may be turning a corner.

...

To be sure, a lot of the gains posted in the latest figures were due to growing demand around Asia rather than domestic demand. Orders to overseas destinations rose 62%, the largest monthly rise ever, the agency said. Unadjusted overseas orders rose by 42% from last year.

Partly reflecting that surge, orders for semiconductor manufacturing equipment shot up 346% in October from a year earlier. "Semiconductors were a big factor pulling" up machinery orders, said Brian Rose, an economist at Warburg Dillon Read Japan Ltd.



To: tombet who wrote (33471)12/10/1999 7:48:00 AM
From: orkrious  Read Replies (1) | Respond to of 70976
 
For the life of me I don't understand why people pay $10 a month for that site

Actually, I prepaid $89 for a year. As an investor, Cramer's missives are drivel. As a daytrader, I sometimes find his insight priceless. About two month ago, Greenspan made a speech to the Bankers Assoc which sent futures reeling. A few minutes before the market opened, Cramer wrote a piece that said take Greenspan's comments in the context in which they were presented and buy the dip. I made enough in 15 minutes in that one trade to pay for my TSCM subscription for 20 years. He does have his value, just not for investors.

FWIW

Jay