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To: Michael who wrote (7674)11/10/1997 11:38:00 AM
From: Karl Brandt  Respond to of 14577
 
Michael,

I guess I asked for that. However, my actual point was based on the fact that stock prices for Taiwan foundry houses are down ~50% off of the highs in August when everybody on this thread was so gung ho on fab value building a value base for this stock. The continued build-up of advanced capacity doesn't make much of a case for recovery to former valuations for the foundry companies in Taiwan.

Karl