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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 681.44+1.6%Nov 10 4:00 PM EST

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To: Clint E. who wrote (26021)4/7/2000 5:06:00 AM
From: Clint E.  Read Replies (2) of 67819
 
1/2-full & 1/2 empty versions of the same news.
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semiconductor-intl.com

Worldwide chip sales stumble slightly in February

Apr 06, 2000 --- Worldwide chip sales tumbled 1.5 percent sequentially in
February 2000 to $14.56 billion, the Semiconductor Industry
Association (SIA) reported in its Global Sales Report (GSR). However,
the sales total remains 33 percent higher than the $10.92 billion in sales
recorded in February 1999.

Sequentially, sales dropped in all major regions with the Asia Pacific
region experiencing the largest (3.4 percent) stumble to $3.71 billion.
The Americas fell 1.3 percent to $4.44 billion, followed by Europe's 0.8
percent drop to $3.12 billion. Japan remained relatively flat with a
small 0.1 percent hiccup to 3.28 billion.

According to three-month-moving averages for sales, February 2000
sales stood 2.3 percent higher than the preceding three month period.
The Americas region and Japan both show 3 percent growth during the
December through February timeframe versus the preceding three
month period. Europe maintains a 1.9 percent growth rate, while the
Asia-Pacific region holds a 1 percent growth rate in the same timeframe.

In terms of year-to-year growth, the Asia Pacific and Japan markets
have grown the most, 45.4 percent and 42.5 percent, respectively from
last year. The Americas market was up 24.7 percent from last year, and
Europe's sales grew at 25.1 percent.

The GSR is tabulated by the World Semiconductor Trade Statistics
(WSTS) organization, which represent some 70 companies.
=====================
biz.yahoo.com
Thursday April 6, 7:35 pm Eastern Time
SIA says global semiconductor sales rose 33.4 pct in Feb.
SAN JOSE, Calif., April 6 (Reuters) - Worldwide sales of semiconductors rose 33.4 percent in February to $14.56 billion from $10.92 billion in February 1999, the U.S.-based Semiconductor Industry Association reported on Thursday.

``The year-to-year growth of semiconductor sales indicates a strong 2000 for the chip industry,' SIA President, George Scalise said in a statement.

``We expect this year to be another good year for our industry and the continued expansion of communications networks and the Internet will provide broad product growth for all chip sectors including Digital Signal Processors (DSP), Standard Cell, DRAMs, Microprocessors, Flash and Telecom Analog,' Scalise said.

The news came as investors, attracted for the last several days by strong fundamentals in the semiconductor industry, aggressively bought semiconductor stocks after an earlier selloff. Meanwhile, investors remained gun shy Thursday on buying in other tech sectors.

Thursday shares of some semiconductor stocks rose in a day of volatile trading as investors focused on product demand and prospects for strong earnings. Some of those companies included Altera Corp. (NasdaqNM:ALTR - news), which makes programmable logic chips used to create a range of custom devices, which ended the day up 4-5/16 at $84-1/4 on the Nasdaq.

Shares of Applied Materials (NasdaqNM:AMAT - news), the largest semiconductor equipment maker company, closed the day up $8-7/8 at $98-1/8 on the Nasdaq.

SIA also reported that the total market year-to-year growth is 33.4 percent, compared to the same three month period in February 1999. In the Asia Pacific and Japan markets, the industry grew at 45.4 percent and 42.5 percent, respectively from last year. The Americas market was up 24.7 percent from last year, and Europe's sales grew at 25.1 percent.

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