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Technology Stocks : Semi Equipment Analysis

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To: advocatedevil who wrote (6807)	11/8/2002 4:20:47 AM
From: advocatedevil	Read Replies (1) of 95622

"Comm Chipmakers See Their Horizons Shrink, Too" 11/07/2002 04:45 PM EST snips: "Yesterday, Cisco said its customers had grown more cautious over the past three months, and it predicted sales for the quarter under way would range from flat to down. That's not a huge surprise, in light of low expectations across techland. But nor does it offer chip investors any pretext for optimism." "A number of its more diversified suppliers already have issued similarly humdrum guidance: Broadcom expects fourth-quarter revenues to stay flattish; Xilinx and Altera likewise anticipate sales in that range, give or take a little. Chipmakers with higher exposure to the troubled equipment market have been harder hit, with AMCC forecasting a quarterly revenue slide of 17% to 33%, and PMCS looking for a sequential drop of 10% to 15%." complete article at: thestreet.com AdvocateDevil

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