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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?

To: ccryder who wrote (876)	1/6/1998 1:06:00 AM
From: John Chalker	Respond to of 1779

Yes, good news just keeps on coming. IC Insights just forecast that INTC's 1998 capital spending budget would increase by 20% over 1997. And Motorola/Siemen's JV announced plans for a new 300 mm pilot fab in Germany, and a plant in Virginia. The US plant should be operational by 2000. This industry works backwards from most manufacturing/capital goods industries. In bad times, companies spend big dollars on semi equipment to gain a tech edge versus competition and grab markat share. Interesting. Chalks