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

To: Wes who wrote (5918)	6/19/1998 4:24:00 AM
From: FJB	Respond to of 10921

Dow Jones Newswires-June 19, 1998 HSINCHU, Taiwan -- Faced with slowing sales and weak global prices, electronics giant Taiwan Semiconductor Manufacturing Corp. (TSM) is tightening its belt, cutting capital spending by US$300 million and curbing production expansion for next year. The island's largest semiconductor maker also is paring back plans to hire new employees and slowing down progress on its US$10 billion investment in southern Taiwan's second science park, a top official at the company said. interactive.wsj.com