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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: DJBEINO who wrote (2704)3/6/1998 12:57:00 AM
From: DJBEINO  Read Replies (1) of 9582
 
He also painted a bright picture for 1999, saying renewed economic growth in Asia and capacity reductions caused by the region's recent problems would boost demand and help a recovery in the prices of common memory chips, which have been battered by excess production over the last two years.

''If we expect the semiconductor market to grow 10 percent in 1998, then we should expect the industry to grow between 20 and 35 percent in 1999,'' Catto said.

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