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Politics : Formerly About Applied Materials

AMAT 249.89

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Nov 26 3:59 PM EST

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To: StanX Long who wrote (55069)	11/4/2001 11:46:04 PM
From: StanX Long	Read Replies (1) of 70976

SEMI Pacific Northwest Outlook Dinner In Search of the Silver Lining The numbers are not pretty. Portland Hilton Downtown Portland, Oregon Monday, November 5, 2001 Silicon Forest Networking Reception: 4:00pm - 6:30pm Dinner: 6:30pm - 8:30pm Register Guest Speaker: Bill McClean, President, IC Insights The numbers are not pretty. Worldwide electronic system sales are forecast to drop 4 percent this year. The worldwide semiconductor market is predicted to drop 26 percent. And semiconductor capital equipment spending -- fresh from its record-breaking up year of 2000 -- is predicted to fall 30 percent in 2001. Yet, in a year when the global electronics and semiconductor industries are expected to set numerous negative records, industry watchers have seen glimmers of the much awaited upside of the current cycle. One of the semiconductor industry's most respected analysts, Bill McClean of IC Insights, sees the industry bouncing back with modest growth in 2002. When this upturn begins and how strong it will be are the focus of his presentation at the upcoming SEMI Pacific Northwest Outlook Dinner. semi.org

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