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Technology Stocks : Micron Only Forum
MU 246.84+4.1%3:59 PM EST

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To: Land_Lubber who wrote (48496)9/21/1999 11:51:00 AM
From: Bipin Prasad  Read Replies (1) of 53903
 
In a research note, Merrill Lynch analyst Joe Osha said that according to information the investment firm has received so far, Tuesday's Taiwan earthquake caused no "significant structural damage" to the two major foundry semiconductor manufacturers there.

Yet, Osha said the earthquake did cause emergency shutdowns at fabs in Hsinchu, where most of Taiwan's fabrication facilities are located.

"All in all, again assuming that no more significant structural damage has occurred, we believe that between one and a half and two weeks of production will either be lost or scrapped," he wrote.
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