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To: FJB who wrote (65332)9/23/1998 7:22:00 PM
From: John Hull  Respond to of 186894
 
Bob,
that's a reasonable explanation, Tom just mailed me the same thing. He said he would correct the other error.

I find the UMC datapoint very strange. What kind of company in the semiconductor business (or any other business) actually attempts to make a 10 year CAPX forecast, and worse, do it in a public forum? I can't think of a better way to guarantee error.

Regards,
John