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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	3/5/2002 2:23:24 PM
From: Dave Gore	Read Replies (1) of 99280

Continuing to watch IFX. It should roll over nicely if the Market does. Infineon Technologies AG designs, develops, manufactures and markets a broad range of semiconductors and complete system solutions targeted at selected industries. For the three months ended 12/31/01, revenues fell 38% to EUR1.03 billion. Net loss totalled EUR331M vs. an income of EUR280M. Revenues reflect a continued difficult market environment for the semiconductor industry. Loss reflects the inclusion of a EUR13M restructuring charge.

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