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Technology Stocks : DSSI/DATA Systems & Software
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To: Ed Hawkins who wrote (974)6/21/1999 10:30:00 AM
From: yosi s  Read Replies (1) of 1061
 
Ed
I did attend the annual meeting.
The following was said regarding Tower.
Utilisation is better. Still with price pressure.
When asked at these prices are the margins profitable.
Answer was yes but they like it to be better.
In regard to microflash. They are beta testing .
Acer was mention as a big client.
Others are looking at it as well.
TSEMF has a 14.5% stake in Saifun , gets royalties as well.
CMOS imaging TSEMF is a fab of choice for Photobit, and a fab for photovision as well.
Motorola is getting the analog digital chip from Tower.

It just may be possible for TSEMF to break even in Q3-4 .
If they can manage to do that the stocks will repeat the up swing just as it did the down side....
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