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To: Kurthend who wrote (239)	4/6/1998 9:30:00 PM
From: Yogi - Paul	Read Replies (1) of 2025

Kurt, Robert, Who am I to argue with Bear Stearns and the Commerce Department? Semiconducter sales are certainly not confirming the information. techweb.com Excerpt:<<February's sales total also marked the third straight month that global chip revenues declined when compared with the previous month. Chip sales in February were 4 percent lower than they were in Janurary, >> Note: Commerce is comparing year over year- SBN comparison is month over month. Does confirm strength in Europe, however. <<Other regions fared better, compared with chip sales a year ago. For example, February chip sales in the Americas rose 3.3 percent, Asia-Pacific sales grew 6.6 percent and Europe was up 7.7 percent compared with the same month in 1997. Europe continues to be the world's strongest semiconductor market from SBN's April publication.>> irthrifty

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