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

To: Justa Werkenstiff who wrote (18734)	4/12/1998 6:37:00 AM
From: Justa Werkenstiff	Respond to of 70976

All: Here is a post by Bob Grutza showing Japanese cap ex for FY 1998 at $6.6b. Message 4035782 Upon reflection, I have to admit that the story I posted is puzzling. The Bloomberg piece states that each one of the Japanese five are cutting spending at least 20% with the exception of NEC which is spending the same as last year. So it is hard to imagine Japanese spending cuts totalling 13% using VLSI figures ($1.15b/$8.9b) or 17.42% using SEMI numbers ($1.15b/$6.6b). Any thoughts?