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

To: Big Bucks who wrote (8839)	2/10/2004 12:39:26 PM
From: chomolungma	Read Replies (2) \| Respond to of 25522

The US really needs to make significant deals with non-OPEC countries that produce oil to break this price gouging...A significant preferential 5 year contract with Russia would do it, IMO. To do this could be Bush's best economic stimulous move, IMO....Buy oil at $24/bbl. Why would non-OPEC countries sell oil at less than market prices? I really think you grossly exaggerate the power that OPEC has. The market still sets the price of oil. And if oil, as it's now priced, is above equilibrium, then why are drilling plans by the major oil companies so slim? Clearly the market is telling us that higher oil prices are needed to produce the incentives to drill. As a holder of several oil service stocks which have done very poorly the last few years, I'd like the price of oil to stay above $30/barrel. If it fell to $24, drilling plans would decline even more and that's not good for the long term energy independence you crave.

To: Big Bucks who wrote (8839)	2/10/2004 3:00:54 PM
From: Proud_Infidel	Respond to of 25522

TSMC's U.S. foundry unit boosts CapEx, plans to add jobs By Silicon Strategies 02/10/2004 1:00 AM EST CAMAS, Wash.--Taiwan Semiconductor Manufacturing Co. Ltd.'s U.S. foundry unit, WaferTech LLC, will invest $90 million in new chip-equipment this year and will add as many as 100 jobs, according to a report from The Columbian, a daily newspaper in Washington State. WaferTech plans to add capacity to its existing 8-in. fab in Camus and will double its output of 0.18- to 0.15-micron chips, according to the report. The equipment will come on line in the second half of the year, the report said. WaferTech, which employs about 1,000 workers, has seen its near-empty fab move to almost 100 percent utilization, according to the report. The move is part of an effort by TSMC to expand its worldwide fab capacity. With sales hitting a record high, TSMC plans to increase capital spending by 80 percent this year to about $2 billion in 2004. Last month, Systems on Silicon Manufacturing Corp. (SSMC), a foundry venture in Singapore, said it plans to spend $250 million to expand its overall fab capacity in 2004. SSMC--a joint venture between Philips Semiconductors, Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and the Economic Development Board (EDB) of Singapore--also plans to develop a 0.14-micron process within its 8-inch fab here.