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

To: daryll40 who wrote (38325)	10/17/2000 9:29:48 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

RESEARCH ALERT - CSFB cuts Applied Materials Is there an original thinker in the bunch? They all so sure. We should come back to this last post 6 months down the road and see how they have fared.

To: daryll40 who wrote (38325)	10/17/2000 9:31:00 AM
From: Mark Duper	Read Replies (1) \| Respond to of 70976

Isn't this just the opposite of what everyone is saying? < Pitzer said he was particularly wary that capital spending in Taiwan and Japan could temper growth. >

To: daryll40 who wrote (38325)	10/17/2000 9:39:45 AM
From: Sun Tzu	Respond to of 70976

Pitzer said he was particularly wary that capital spending in Taiwan and Japan could temper growth He may have a point on this. The economic news from Japan is not encouraging (see below). This is especially so, given that the minimal economic recovery in Japan is fueled by corporate capital investment rather than consumer spending (which accounts for 60% of their economy); bank losses might curb corporate investments. ST TOKYO (AP) - The liabilities left behind by corporate bankruptcies in Japan climbed 48% to a postwar high of 10.9 trillion yen ($100.9 billion) in the first half of this fiscal year, a research agency said Monday. The debt surpassed the previous high of 9.19 trillion yen ($85 billion) in the second half of fiscal 1997. Bankruptcies in the first half of fiscal 2000, which began April 1, rose 19.6% over the same period last year to 9,473 cases, the seventh-highest figure since World War II, the private Teikoku Databank said. The surge was powered by the failure of 21 companies with liabilities of 100 billion yen ($9.3 billion) or more, including consumer credit company Life Co. and department store chain Sogo Co.