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Technology Stocks : SILICON STORAGE SSTI Flash Mem

SSTI 7.030

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Dec 8 3:59 PM EST

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To: Rich who started this subject	7/23/2000 6:32:06 PM
From: Mr. Miller	of 1881

SEMICONDUCTOR COMPANIES ALSO IN FOCUS biz.yahoo.com Sunday July 23, 11:45 am Eastern Time <excerpt> "Another sector in Wall Street's crosshairs is the semiconductor group, which makes the tiny electronic brains that run everything from computers to cell phones to refrigerators. No surprise there. The Philadelphia Stock Exchange's semiconductor index (^SOXX - news) has shot up 63 percent for the year. ``We think the semiconductor cycle is going to be quite extended for some time this time around because it includes telecoms,'' said Joseph Battipaglia, Gruntal & Co.'s chief investment strategist and long-time market bull. The weighting of technology in Gruntal's portfolio remains a hefty 40 percent. As more and more consumers turn to wireless phones, hand-held devices and other electronic gadgets to make their lives more convenient, the logic is that the demand for the chips that power these products will continue to swell. Names mentioned include PMC-Sierra Inc. (NasdaqNM:PMCS - news), Intel Corp.(NasdaqNM:INTC - news) and Texas Instruments Inc. (NYSE:TXN - news)."

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