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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (9322)	5/9/2001 8:31:32 PM
From: DJBEINO	of 9582

Chartered Talks Chip Turnaround, but Lacks Specifics By Caroline Humer Senior Writer 5/9/01 7:03 PM ET MONTEREY, Calif. -- One of the largest makers of chips for companies like Broadcom (BRCM:Nasdaq - news) and PMC-Sierra (PMCS:Nasdaq - news) says the chip business will turn around some time in the second half -- but exactly when is anyone's guess. Chartered Semiconductor's (CHRT:Nasdaq - news) outlook isn't exactly surprising given that both Broadcom and PMC-Sierra have expressed a similar sentiment in recent weeks. But with the year's second half now only about seven weeks away, Chartered's comments do make clear that the much talked about turnaround probably won't happen until later in the year. thestreet.com

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