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Technology Stocks : Micron Only Forum
MU 394.69+3.1%Feb 6 9:30 AM EST
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To: Skeeter Bug who wrote (32653)4/30/1998 5:14:00 AM
From: dumbmoney  Read Replies (2) of 53903
 
Chip growth to rebound in '99, but not in DRAMs, says Dataquest

SAN JOSE--The semiconductor industry will plod its way through another lackluster year of low growth in 1998, but the business is expected to finally rebound with 18% growth in 1999 after pricing pressures and the impact of Asia's economic crisis subside, predicted Dataquest here today.

Dataquest, however, has bad news for DRAM suppliers, which are suffering from low average selling prices due to overcapacity. The San Jose market researcher now predicts that the glut of memories will continue throughout 1999 with a shortage beginning the following year. If so, that's one year later than most DRAM suppliers expect.

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