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To: Johnny Canuck who wrote (24947)	2/2/2000 11:26:00 AM
From: Suresh	Read Replies (1) \| Respond to of 68226

Hi Harry, I am out of trading long positions... LRCX, MOT, VECO (only trading position... investment position still in place).... I don't like the market action.... still stocks are being pulled and pushed with low volume. Not enough conviction. Plan to go short around noon (VERT, AMZN, IDPH, LNUX). Missed my limit order for shorting COBT. Later, Suresh

To: Johnny Canuck who wrote (24947)	2/2/2000 9:21:00 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 68226

Reinforces the increase in chip equip spending: Still bulk of 0.18 micron and 300 mm wafer conversion to come. It is a question of when. ***************************************** ***************************************** Wednesday February 2, 9:09 pm Eastern Time Hitachi 99/00 chip capex up 15 bln yen TOKYO, Feb 3 (Reuters) - Hitachi Ltd said on Thursday its capital investment in semiconductors in the year ending in March will have risen 15 billion yen from the year before to a total 145 billion yen due to strong demand for chips used in cell phones. Hitachi's shares ended Thursday morning at 1,600 yen, up 14 yen or 0.88 percent. Hitachi produces semiconductors for use in GSM (global system for mobile communications) mobile phone standard phones, which dominate in Europe and Asia, a Hitachi spokesman said. Hitachi, a major Japanese electronics and electric company, expects its capital investment on semiconductors in the year starting in April to be bigger than in the current year, the spokesman said.