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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: Jacob Snyder who wrote (55284)	11/9/2001 12:59:53 PM
From: advocatedevil	Read Replies (1) of 70976

Lehman Brothers semiconductor analyst Dan Niles said Thursday the Semiconductor Industry Association's annual growth forecast for the industry in 2002, is still "too high." Late Wednesday, the SIA forecasted global semiconductor sales will grow 6% from a 31% decline in 2001. Niles, however, expects the chip industry's growth to be flat or even lower in 2002. According to Niles, 1Q 2002 sales will be seasonally down, despite commentary from many companies that the 4Q is the bottom. This was copied in part from another SI post: siliconinvestor.com AdvocateDevil

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