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Technology Stocks : Alliance Semiconductor

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Jul 10 5:00 PM EST

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To: DJBEINO who wrote (3393)	6/24/1998 12:23:00 AM
From: DJBEINO	Read Replies (1) of 9582

Drag in Memory Market Forces Industry Reorganization Texas Instruments' sale of its DRAM business to Micron Technology is part of a reorganizing trend bracing the entire semiconductor industry as the market continues to sag. Japanese makers are also affected, as Hitachi <TOKYO:6501> is pulling out of DRAM manufacture in the US and Mitsubishi Electric <TOKYO:6503> has cut off output of wafers there. Fujitsu <TOKYO:6702> is quitting DRAM manufacture in the UK in order to switch over to microcontrollers and other logic products. Meanwhile, Korean companies are attempting to move beyond their dependence on memory. Forecasts say the world market for DRAM will bottom out this year.

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