Tony:
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Not sure about Wiley - figure one of them (the newer one) may have a chance - the other 2 esp. the one that begins with A I'm not holding my breath.
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Check this out - courtesy of Fred Woodall:
Message 4513215
(semiconductor companies shellshocked - mentions HWP, AMD, NSM - again as I've said before - PC and commodity are not the places to be - LSI is not exactly shellshocked with flat to negative growth are they? How many other companies are saying business is "good" and are showing extended lead times - INTC excluded as always...)
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"The growth of 20% to 35% a year in this business has stopped," Farley said.
Most semiconductor makers are experiencing flat to negative growth, and
feeling "shell-shocked," he said - and what hurts semiconductor makers hurts
SpeedFam, one step lower in the food chain. As business slows for the company's
U.S. and Asian customers, they grow more reluctant to invest in SpeedFam's CMP
wafer-polishing systems, which account for about 60% of its revenue, Farley
said.
U.S. customers hurt by Asian markets include Advanced Micro Devices Inc.
(AMD), National Semiconductor Corp. (NSM) and Hewlett-Packard Co. (HWP).
Asian customers, which generate 20% to 40% of Speedfam's annual net income,
include Chartered Semiconductor Manufacturing Ltd. of Singapore, ProMOS
Technologies Inc. and United Integrated Circuits Corp. of Taiwan, Matsushita
Electric Industrial Group (MC) of Japan and, the most recent addition, Samsung
Electronic Co. of Korea.
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Shane. (semi sector has all companies holding sticks of dynamite. Most are lit a few are not. LSI's is not. Many PC companies and other such commodity companies are lit and many have exploded - lost their heads so to speak. However sparks from the explosions around could set off a *little* LSI stick. So far LSI is more than fine.)
(When I wrote that note on LSI, I said that in 1996 people expected LSI to be immune - did not happen. This is LSI's 2nd chance to show that they could be immune...)
(Also I think I've mentioned here in the past that once AMAT starts making acquisition announcements the semi-equips will have bottomed. No signs yet and so I will wait and hope that I don't miss the boat, train & plane in the meantime...) |
