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

To: Math Junkie who wrote (22301)	7/30/1998 8:41:00 PM
From: Teri Skogerboe	Read Replies (1) \| Respond to of 70976

Richard, Good point. I'm not worried and think this whole thing is very silly. It is normal behavior for these stocks to run up a tad during the San Francisco love fest every year.

To: Math Junkie who wrote (22301)	7/31/1998 2:09:00 PM
From: Teri Skogerboe	Read Replies (2) \| Respond to of 70976

To all, FYI, Losses Force Siemens To Close U.K. DRAM Fab (07/31/98; 12:23 p.m. ET) By Jack Robertson, Electronic Buyers' News Siemens AG Semiconductor Group, based in Munich, Germany, will close its U.K. dynamic RAM (DRAM) fab in North Tyneside in the wake of its $560 million chip operations loss so far this fiscal year, company officials disclosed in London Friday. Siemens will start phasing out production in September and shutter the fab by the end of the year. Although helping Siemens lower its semiconductor losses, the closing of the U.K. fab, which had only 3,000 wafer starts a week, isn't expected to have much impact on the global DRAM oversupply. Hans-Peter Betta, Siemens Semiconductor vice president of international projects, said the Germany chip maker has unsuccessful in trying to find a buyer for the British fab. Earlier, Siemens tried to ease the burden of the U.K. fab by arranging to sell 50 percent of the DRAM output to Mosel-Vitelic of Taiwan, also a partner in a separate DRAM fab in the Asian country. North Tyneside was producing 16-megabit DRAM devices, but was in the process of qualifying 64-megabit lines. With the next-generation memory chip also in global oversupply, Siemens elected to concentrate production of that memory chip at its three remaining advanced fabs in Dresden, Germany, White Oak Semiconductor near Richmond, Va., and with Mosel-Vitelic in Taiwan. Siemens and British authorities have set up a task force to try to find other uses for the U.K. fab. techweb.com