STM - SGS-Thomson (MPEG II) Message Board

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Technology Stocks : STM - SGS-Thomson (MPEG II)

STM 28.98

-1.2%

Feb 5 3:59 PM EST

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To: Lynn who wrote (276)	7/20/1999 10:49:00 PM
From: P2V	Read Replies (1) of 437

Lynn, I've been looking for companies which will benefit from the current (and future) Cellular phone explosion. EG Qualcomm (QCOM) -- It appears that STMicroelectronics is one of them. Referring to the following link ---http://biz.yahoo.com/bw/990719/stmicroele_1.html Sales gains over the second quarter of last year were achieved across all the major product groups. The Telecommunications, Peripherals and Automotive Groups (TPA) grew 14.3% and accounted for 45.2% of second quarter revenues; Because ST supplies two of the major cellular phone makers, the extremely rapid growth of handset sales in this field has also fueled outstanding demand for ST products. Additionally, the Company has achieved important new design wins in this field, including one in energy management for GSM phones and three in the area of short range radio frequency circuits that are expected to generate revenues of more than $100 million in the next two years. In Japan, ST achieved a design win for an advanced RF front end for cellular phones. Regards, Mardy. Also -- A very interesting post from the Yahoo Thread ..... messages.yahoo.com

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