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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: akidron who wrote (16976)	3/3/1998 10:35:00 PM
From: robbie	Read Replies (1) \| Respond to of 70976

HA! You have exposed yourself as a fraud. Low for the day was 29. The 28.5 trade was an error that was later corrected. Robbie

To: akidron who wrote (16976)	3/3/1998 11:23:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 70976

aki, here's a recent letter from the president of SEMI, the organization of semi equip mfgrs. He urges global unity... semi.org <snip> Asia's Problems Affect Us All No industry in history has become as global in nature as the semiconductor industry, and that includes our equipment and materials suppliers to the industry. It is important, therefore, to retain our global perspective even when the industry in one region suffers economic problems. As a global organization, SEMI recognizes that the current problems of Asia in general and Korea in particular will have an impact on all of our members. Our goal is to work on behalf of our membership to insure that a competitive environment exists in each market segment of the world. The success of our industry is heavily dependent on the health of our members and their customers as global trading partners. Thus, any move on our part to support steps that might help members in other regions of the world to take advantage of the problems in Asia would be inconsistent with our charter. We support the revitalization of the Asian economies that are currently experiencing distress. In the long term, we believe that the strengthening of the Asian economy, specifically Korea, will lead to stabilizing currencies, its overall financial health, and opening markets, thereby allowing global market forces to determine capital investments. With that charter in mind, SEMI supports the efforts of the International Monetary Fund toward stabilizing the overall Asian economic health and the efforts of the U.S., Europe and Japan in working to stabilize Asian currencies. On the subject of Korea, inputs from everyone participating in the recent SEMICON Korea exposition were that the mood in this Asian market was surprisingly upbeat. The timing of the show in late January seemed unfortunate in terms of the current problems, but in retrospect perhaps was exactly what our members and their customers needed at this point in history: An opportunity to get together and focus on new technologies and future opportunities, which, after all, is what SEMICON is all about. Kind regards, Stanley T. Myers

To: akidron who wrote (16976)	3/3/1998 11:37:00 PM
From: Clarksterh	Read Replies (1) \| Respond to of 70976

aki - assuming that the basis for your assertion that the banks aren't loaning capital to semi makers is the SEMI release that GM posted I would say that you have made a huge leap. No offense is intended, but SEMI is just reiterating a position that they, as a group, have always had - not lending money to the purchasers of equipment. As a rule they operate on LOC's. After all, they aren't banks. And, in addition, I strongly suspect that this is written in response to some of the SEMI members setting up a committee to lend money to Korean semi companies to purchase equipment. A bad idea, but SEMI doesn't want to put out a memo saying 'don't lend money to SEA', so instead they say 'don't lend money'. So, I ask again. Where have you seen any reference to fabs in Taiwan, US or Europe having trouble finding capital? Clark