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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

+1.3%

Dec 22 4:00 PM EST

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To: Donald Wennerstrom who wrote (17840)	8/9/2004 9:21:03 PM
From: Donald Wennerstrom	Read Replies (1) of 95622

Lam CEO Sees Upturn In Chip Sector As Economy Improves <<Lam CEO Sees Upturn In Chip Sector As Economy Improves 09 Aug 18:01 NEW YORK (Dow Jones)--Lam Research Corp. (LRCX) Chairman and Chief Executive James Bagley said he expects the semiconductor industry will continue to improve as the economy improves, in particular as corporations increase information-technology spending and upgrade equipment. "As long as the world GDP grows, the semiconductor market will grow," Bagley said on CNBC Monday. He also said analysts have failed to assess the industry's cycles accurately. -By Deborah Finestone, Dow Jones Newswires; 201-938-2205; deborah.finestone@dowjones.com>>

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