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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: FJB who wrote (21102)2/14/1999 2:37:00 PM
From: acidman  Respond to of 25960
 
Looks like some stocks took a big hit this week. Dident we just see some upgrades just the other week. Looks like history is repeating itself. Anyways, I have no intrest in Cymer(at 25) but I like to stop by sometimes for a good laugh at the "Cymer at 100-200" posts.



To: FJB who wrote (21102)2/17/1999 2:55:00 PM
From: BillyG  Read Replies (1) | Respond to of 25960
 
Japanese chip investment stalls
news.com

By Brooke Crothers
Staff Writer, CNET News.com
February 17, 1999, 11:00 a.m. PT

Five leading Japanese semiconductor makers have stated that spending on plant
and equipment in 1999 will be flat, according to Japan-based reports.

The largest Japanese maker NEC, for example, will likely invest between 130 and 150
billion yen, compared with 150 billion yen this year, according to a report in the Nihon
Keizai Shimbun, a major Japanese business daily.

Total spending by all of the five biggest chipmakers is
estimated at between 430-460 billion yen on plant and
equipment in 1999, about the same level as the previous
year, the report said.

The top five are NEC, Toshiba, Hitachi, Fujitsu, and
Mitsubishi.

The paper says the five are firming up investment plans now
and will decide on final figures by the middle of March.

One of the most ominous figures cited in the report: The
combined investment in plant and equipment hit 890 billion
yen in 1995--compared to the projected 460 billion in
1999--and has fallen off each year since then. Moreover, the companies are all expected to
report operating losses in their chip businesses in 1998.