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To: Tulvio Durand who wrote (16504)4/14/1998 10:44:00 AM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 25960
 
Tulvio: Per your private mail, be advised that the link I provided re Japan cap ex expired. Here is the important information:

Japan's five major chipmakers will spend 150 billion yen ($1.15) less on capital investment in the year through March 1999 compared to a year earlier. Mitsubishi Electric Corp. will cut capital spending in half to 50 billion yen and Hitachi will cut capital spending 20 percent to 100 billion yen. Toshiba Corp. will cut 20 percent, Fujitsu Ltd. will cut as much as 40 percent and NEC will probably spend the same as last year.