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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 222.96+2.5%Jan 16 9:30 AM EST
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To: FJB who wrote (4655)1/31/1998 7:39:00 PM
From: Ian@SI  Read Replies (1) of 10921
 
Extract from SBN article

Other chip equipment industry leaders agree. They feel certain Korea and the Far East will weather the rough times with support from the U.S. and Europe.
"I don't think the United States will let those countries collapse," said Papken S. Der Torossian, chairman and CEO of Silicon Valley Group Inc. in San Jose. "I would expect a temporary lull in buying patterns in Korea, and then they will retool for new technology and quarter-micron production."

Der Torossian remains bullish about 1998. He expects to see a 15%-to-20% growth rate for the entire semiconductor equipment market, but in the advanced technology segments he's forecasting an increase of 40% and 50% in capital spending.


and the whole article is at:

techweb.cmp.com
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