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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (2890)	11/6/1997 6:12:00 PM
From: goldsnow	Read Replies (1) \| Respond to of 116816

Bobby, as usual you have an ability to ask a 'gloomy question' We are indeed preoccupied with deflation/inflation scenario in USA. Phillip-Morris has figured this out long time ago. If by some act of God Americans would quit smoking tomorrow (as they should) it would'nt affect tobacco business a bit. There more smokers in Indo-China than entire population of USA. (it would affect Columbia if drugs usage will decline) So your choice are drugs or tobacco-good luck) on palladium: AVX Corporation Announces New Electrode Systems 10:40 a.m. Nov 05, 1997 Eastern MYRTLE BEACH, S.C., Nov. 5 /PRNewswire/ -- AVX (NYSE: AVX) announced today that it is beginning volume production of capacitors utilizing nickel and copper electrode systems. Dr. Carl Eggerding, the Vice President of Advanced Products Technical Center, stated, "The copper electrode systems offer significant improvements in ESR (Equivalent Series Resistance) and extends the frequency range of applications for NPO dielectrics, in addition to obvious cost benefits. As the frequencies have increased in today's electronic devices, this is becoming more and more critical." The nickel electrode technology's primary advantage is cost reduction, i.e., the elimination of the expensive palladium and palladium silver electrodes. Palladium prices have continued to increase in the last year, and these alternative materials will reduce the cost of the high volume surface mount chip capacitors used in today's products. AVX has long supplied Leaded Products with a lead injection technology that does not require precious metals. John Gilbertson, President and Chief Operating Officer, stated, "These two new developments will allow AVX to produce cost effective devices allowing our customers to continue to produce competitive products in the rapidly expanding electronics industry. These types of technical breakthroughs continue to demonstrate results from our R&D expenditures." AVX, headquartered in Myrtle Beach, South Carolina, is a leading manufacturer and supplier of a broad line of passive electronic components and related products. SOURCE AVX Corporation Copyright 1997, PR Newswire