Lam Research (LRCX, NASDAQ): To the Insiders Message Board

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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders

LRCX 150.32

+5.4%

Nov 24 3:59 PM EST

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To: FJB who wrote (3396)	10/14/1999 6:45:00 AM
From: FJB	Read Replies (2) of 5867

The worldwide semiconductor market is on track to resume double-digit growth this year despite disruptions from the earthquake in Taiwan, research firm Dataquest said in a report on Thursday. Global semiconductor sales are on pace to surpass $155 billion in 1999, a 14.1 percent increase over 1998, according to the quarterly industry update from Dataquest Inc., a unit of computer information specialist GartnerGroup Inc. . The Sept. 21 earthquake in Taiwan killed more than 2,200 people and power outages temporarily idled much of the island's industry -- including its prodigious semiconductor supply sector -- but experts have been quick to note that the impact was limited and production was quickly returning to normal. Dataquest said this year is expected to mark the first year of growth in the semiconductor industry since 1997 and the first year of double-digit growth in four years. The current cycle is expected to last through 2002, with the market reaching $250 billion by 2003, as strong demand continues and overcapacity wanes, the research company said. newsalert.com

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