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Politics : Formerly About Applied Materials

AMAT 318.72

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3:59 PM EST

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To: Proud_Infidel who wrote (51675)	9/8/2001 4:02:24 PM
From: Kirk ©	Read Replies (1) of 70976

RE: Higher chip orders: TSMC, the world's largest pure-play chip foundry, announced its second sequential monthly sales increase in a row. The company's revenues were 4.9% higher in August at NT$9.028 billion ($262 million) compared to NT$8.604 billion ($249 million) in July. The company's July revenues were about 1% higher than in May. Meanwhile, UMC today reported its first sequential monthly increase in sales during the foundry slump. The company's revenue nudged up 0.7% to NT$3.901 billion ($113 million) in August compared to NT$3.873 billion ($112 million) in July. This slight increase comes after UMC reported a slowing in revenues declines in July (-8.6%) and June (-14.4%) from the previous months. Funny how the market and pundits really got into the employment numbers which are lagging indicators while leading indicators like higher sales at Chip Foundries for two straight months are ignored. I guess news is what is easy to understand... Kirk

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