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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

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Feb 9 4:00 PM EST

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To: Brian1970 who wrote (2369)	7/29/1999 8:43:00 PM
From: john Kurisko	Read Replies (1) of 6531

Chip market to double in five years Dispatches from BancBoston Robbie Stephens By Janet Haney & Brenon Daly, CBS MarketWatch Last Update: 4:31 PM ET Jul 29, 1999 NewsWatch Hardware Report The market for chip equipment will double over the next five years to $35 billion, Jim Morgan, chief executive of Applied Materials (AMAT: news,msgs), said during a luncheon speech Thursday at the BancBoston Robertson Stephens semiconductor conference in San Francisco. The growth will be led by chips for servers, cell phones and consumer gadgets. The growth rate for sales of these chips is expected to be twice that on chips for personal computers. "Semiconductors are the engine of the information age," Morgan said.

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