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

To: Jerome who wrote (44570)	3/26/2001 10:20:12 PM
From: advocatedevil	Respond to of 70976

"Some Bearish and Bullish Gurus Do a Switcheroo" thestreet.com ...Jeffrey Applegate, chief investment strategist at Lehman Brothers buying KLA-Tencor... ...Brian Belski, fundamental market strategist at U.S. Bancorp Piper Jaffray recommending Applied Materials and Novellus Systems... AdvocateDevil

To: Jerome who wrote (44570)	3/26/2001 10:27:35 PM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

"Henderson Global Investors' Paul Kleiser on Technology Shares" investor.cnet.com ...Paul Kleiser, who helps manage 2 billion pounds ($2.86 billion) in technology stocks at AMP Ltd.'s Henderson Global Investors unit. Kleiser recently bought shares of Applied Materials... AdvocateDevil

To: Jerome who wrote (44570)	3/27/2001 9:22:10 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

TSMC Faces Another Downward Revision of Investment Plan March 27, 2001 (TAIPEI) -- Taiwan Semiconductor Manufacturing Co., Ltd. may revise its 2001 capital investment plan downward to about NT$70 billion (US$2.13 billion). Harvey Chang, TSMC's senior vice president, revealed the revision at the "CFO Achievements in Best Practices Awards 2001" held by CFO Asia magazine in Hong Kong recently. TSMC on Feb. 6 already revised its investment amount for 2001 from US$3.8 billion to US$2.7 billion. The implication of the more recent 20 percent downward revision indicates that the outlook is worse than TSMC expected, and that it is still quite difficult to judge whether demand will recover after the third quarter of the year. Chang did give details but said that the expansion of the TSMC's 200mm wafer plant will be restricted to reduce the investment amount, considering that the operation rate of the plant has fallen to less than 60 percent. Unlike some other DRAM manufacturers, TSMC would not face cash flow problems even if it does carry out the original investment plan. Chang hinted that the second downward revision reflects that the trend of demand is still uncertain in the future. The news that both TSMC, which accounts for more than 50 percent of the investment amount coming from Taiwanese LSI manufacturers, and United Microelectronics Corp. are revising their capital investment plans is favorable, however, to slow down the current increasing pace of chip maker's LSI supply speed. Related story: TSMC, UMC Cut Capital Expenditures More Than 40 Percent (Yasuo Nakane, Senior Analyst, Daiwa Institute of Research Taipei Representative Office, Special to Nikkei Microdevices)