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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Steve Byers who wrote (18016)	3/20/1998 11:23:00 PM
From: roly	of 70976

Steve and all, Here's some bullish news from Dauvin Look who's still optimistic The 'Asian Flu' may be sending shivers through the global industry, but European semiconductor vendors are more optimistic than they've been in years. Analysts figure growth this year in the European semi market will outpace that of any other region, spurred most by rising consumer spending, Patrick Walsh writes in EBN. Jean-Philippe Dauvin, chief economist for SGS-Thomson Microelectronics, expects Europe to the only region to post an increase of more than 10% in chip sales this year. His forecast: 13% growth in Europe, 10% in the Americas, 8% in Asia, and 6% in Japan. Growth in consumer spending will rise from 1.5% in '97 to about 2.1% this year, he says. Texas Instruments is looking for double-digit growth too, predicting Europe's chip sales will shoot up 13%. But Dataquest sees less than 5% growth. Roly

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