Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: tech101 who wrote (13437)	7/1/2004 1:19:35 PM
From: tech101	Read Replies (1) of 13565

May global chip market sustained boom growth, says analyst By Peter Clarke Silicon Strategies 07/01/2004, 12:29 PM ET LONDON -- Handelsbanken Capital Markets has predicted that the worldwide chip sales figures for May 2004, due to be published Friday (July 2) as a three-month moving average by World Semiconductor Trade Statistics, will be $17.12 billion, up 35 percent year-on-year. This would also represent a growth of 1.1 percent sequentially from $16.94 billion recorded by the industry in April. The May monthly growth figure compares with April's three-month average year-on-year growth of 36.7 percent, 32.3 percent growth recorded for March and a figure of 30.8 percent growth for February 2004. The world's semiconductor industry associations put out sales reports as three-month moving averages of monthly sales activity to smooth out variations due to companies' monthly financial calendars. As the boom growth continues into the summer it makes a high to very high growth value for the 2004 calendar year more likely and Handelsbanken raised its estimates for 2004 calendar year growth. Handelsbanken Capital Markets, a business unit of Svenska Handelsbanken AB based in Stockholm, Sweden, said that it had raised its estimate for the 2004 calendar year to 26 percent from its previous value of 19.6 percent and to 9 percent for 2005 from a previous value of 7.8 percent. This still leaves Handelsbanken amongst the most bearish of prognosticators for 2004 and in the middle of the pack for 2005.

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