Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jerry Olson who wrote (43637)	6/9/1999 6:42:00 AM
From: Doug Robinson	Read Replies (2) of 120523

Jerry, partial article from today's WS Journal. Speaks well for the coming months for the entire industry and many of the INETS! Semiconductor Group Boosts Estimate For '99 Chip Sales, Citing Internet Use By DEAN TAKAHASHI Staff Reporter of THE WALL STREET JOURNAL SAN JOSE, Calif. -- Semiconductor sales in 1999 are expected to grow faster than previously predicted because Internet usage is expanding demand for computer and communications chips, according to an industry trade association. The Semiconductor Industry Association predicted that world-wide chip sales will grow to $140.8 billion in 1999, up 12% from $125.6 billion in 1998. Last October, the trade association expected sales to be up only 9% in 1999.

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