SVGI is finally in the big league! The 5-1-2000, IBD, page A8, has a column "Follow the leaders" and SVGI is one of the many stocks in it. SVGI has a 88 relative strength, AMAT has 94, ASML 87, KLAC 90, ASMI 98, TER 95, SMTL 97, NVLS 94, BRKS 97, ASYT 96, KLIC 95, LRCX 94, COHU 94 - quite a "Chips - a - hoy".
News below speaks for the whole sector. $ 50+ SVGI is not far off!
Chip Industry sees 10-year growth due to continued expansion of Web.
"Driven by the Internet, we expect a golden age of the semiconductor industry over the next 10 years," LSI Logic Chairman Wilfred Corrigan said said at the fourth annual meeting of the World Semiconductor Council. Internet connected devices, including PCs, mobile devices and cellular phones, could grow to between 700 million and 1 billion units by 2003 from some 200 million in 1999. The council also urged China to eliminate tariffs on semiconductors. |
