Steve's Channelling Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (7353)	11/7/2000 2:12:12 PM
From: Steve Lee	Read Replies (1) of 30051

Zeev, How does Infineon's guidance today influence your outlook for capacity and demand in the semiconductor industry? (Edit - I don't invest in European stocks but I believe that it is much easier for company officers here to get away with exaggerating future prospects than it is in the US) Thanks to DJBEINO for posting this story on the Micron thread - where I found it in between fretting about my recent margin calls heh heh. biz.yahoo.com Due to the current uncertainties in the worldwide PC markets, Infineon expects weaker demand and consequently lower prices in its memory business in the first quarter of fiscal year 2001, which is the last quarter of the calendar year 2000. The full year outlook remains positive for the memory products group; it is anticipated that the market will recover at the latest in the second half of fiscal year 2001, which corresponds to the second and third quarter of the calendar year, based on the industry's limited capacity expansion not being able to satisfy demand. Infineon already has a strong technology leadership position in the 128 and 256 Megabit DRAM segments and will further accelerate its transition to the less volatile and faster growing markets for server and networking applications. Under current market conditions, capital expenditures in 2001 are expected to be around 30 percent of revenues. This level of capital expenditure will help address expected capacity constraints. ``We expect the market outlook to remain strong into 2003. Infineon is in an excellent position to take advantage of this huge potential by gaining market share in our fast-growing high-margin businesses,'' concluded Dr. Schumacher

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next