morgan stanley :we have another 18 to 24 months left left in the semiconductor cycle. Raises the capital expenditure spending forecast from a level of 25% to a range of between 30 to 35% and he says that the stock have a lot more to run
tveyes.com
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Semiconductors : Morgan Stanley Dean Witter semiconductor analyst Mark Edelstone says C2Q00 earnings results showed widespread positive earnings surprises; communications segment strongest, but seasonal uptick in PC demand should lead to accelerated growth for MPUs, DRAMs, graphics, and other PC-based components in H2; wireless demand is strong and investors have become too negative on DSPs, flash memory, RF components, and other wireless-centric ICs. Based on TXN's results and commentary, investor sentiment should improve immediately and significantly, favorite stocks are ALTR, ATML, CY, INTC, LSI, MCHP, MU, NSM, NVDA, TXN, STM, and XLNX |
