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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dancy who wrote (5472)	5/19/1998 12:05:00 PM
From: Joe Dancy	Respond to of 10921

I don't know what impact this could have on the semi equipment segment, but now the Department of Justice is talking about going after Intel. I can't help but think in the short run an antitrust action will not help this segment and will create a lot of uncertainty. Uncertainty = risk = lower valuations. In the longer term it may increase the number of players (customers). This sector is so cyclical anyway it could be a nightmare to figure out. Then again, when Janet Reno admits that she does not use a computer because she doesn't know how to locate files on her drives it sort of makes you wonder where this will all end up. Maybe we are headed back to the stone age. LA Times article: members.aol.com Joe

To: Joe Dancy who wrote (5472)	5/19/1998 2:18:00 PM
From: Mason Barge	Respond to of 10921

I can't think of anything better, in the long run, than the elimination of some Japanese competition. Not that Nikon's going out of business (I'm guessing that keeping some decent R&D budget at Nikon is going to be a national priority in Japan). You'd have to think that a host of smaller competitors for US companies are at risk. Credit is TIGHT in Japan, and there is severe pressure to tighten it further from the IMF. How is Komatsu (to name one of many) going to keep its R&D budget? Point being, the recovery for US and European semi-equipment co's could be stronger than we imagine if it entails either weakening or outright destruction of some Japanese competition. (As an interesting note, the front page of the WSJ had an article about how upset many Japanese are becoming, because US firms are buying up Japanese real estate. Ring a bell? HAH! I just hope that they don't have the last laugh here. Remember Rockefeller Center.)