FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (2066)	7/7/1998 9:48:00 PM
From: Joe Dancy	Read Replies (2) of 2754

Kent - It has been awhile since I have seen so many undervalued small companies that have such a promising future. Two articles in the South China Post this morning noting that the " semiconductor industry is in a deep downturn that shows no signs of ending." Whenever the press says there are no signs of a downturn ending be prepared for the sector to show some vital signs. Also, an article noted that while global semiconductor sales fell nearly 4% in May due to price declines - actual chip demand continues to grow because of an expansion in telecommunications and networking markets. The numbers shipped are up, just the revenues are down due to pricing pressure. I've got to get off my duff and see if I can get a plant tour of the FSII North Texas facility - my car said it was 110 this afternoon so I have not wandered too far from central Dallas - but I think it would be a very good way to bs with the employees, get a formal look at what they are doing, and get informal feedback as to the company. Doug Fant got moved to Midland, Texas - the town in the desert - about the only place drier and hotter than Dallas, so I can't trick him into going for me. Links to the entire articles are at members.aol.com Joe

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