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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: Amy J who wrote (93868)12/12/1999 5:47:00 PM
From: dan pearson  Read Replies (1) of 186894
 
I think this is the article referred to:

Some Sour on Semiconductor Equipment Stocks
BY CAROLYN WHELAN

"Fueled by economic recovery abroad, bullish demand for PCs, a memory chip shortage and new markets like data networking, stocks of equipment makers like Applied Materials, KLA-Tencor, and Novellus Systems have quadrupled from their two-year lows of September and October 1998. Shares of another manufacturer, LAM Research, shot up ninefold.

The underlying conditions that led to the rally appear to be intact: Asian economies continue to recover, and growing Web and wireless phone usage continue to drive demand for more silicon -- and the equipment that produces it."

...dkp...
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