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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (6202)	5/29/2003 4:32:59 PM
From: Kirk ©	Respond to of 25522

The Japanese electronics giant said its chip capex for the fiscal year that started April 1 would be $1.5 billion (175 billion yen), while estimated R&D spending would be $1.25 billion. That is huge news! I have Sony as #17 for 2003 at $570M USD which was up 14% from their 2002 $500M spent. #3 is TSMC with $1.25B budget for 2003 CapX. All else being equal, Sony would move to #3 in spending... but some of us own these stocks because we don't believe current low spending levels will last forever. I read today they are going to make a future playstation powerful with a recordable DVD! Now if #1 through 16 can double their capital spending... -snort!