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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Michael Sphar who wrote (5242)	7/23/1998 2:47:00 AM
From: Michael Sphar	Read Replies (1) \| Respond to of 9980

Oops! Guess that was the ultimate in bad guessing...Seems the German Siemens Corp. has telegraphed its blinking. Could it be that sanity and economics will prevail afterall ? techweb.com The headline: Siemens Racks Up $700M Loss In DRAM Devices In nine months no less: <<A Siemens representative confirmed the huge semiconductor loss in the first three quarters, ended June 30. >> and some depth: <<...speculation that Siemens might close some fabs or sell off its memory operation...>> say what ? <<...and boosting fab productivity...>> as an immediate means to ameliorate the situation. I must have skipped that day in econ class.