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Technology Stocks : MEMC INT'L. (WFR -NYSE) The Sleeping Giant?

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To: Carl R. who wrote (3871)10/3/1998 12:58:00 PM
From: Scotsman   of 4697
 
More stuff about the industry. If MEMC can just hold on and survive, future looks good.

RESEARCH ALERT - M. Stanley positive on chip earns
NEW YORK, Oct 1 (Reuters) - Morgan Stanley said a seasonal increase in personal
computer demand and the end of a correction in chip inventory levels bode well for
earnings in the sector this quarter.

-- In a research note, Morgan Stanley said its semiconductor analysts expect ''a
meaningful contraction in the number of negative earnings surprises for the quarter'' and
cited Intel Corp. (INTC - news), Xilinx Inc. (XLNX - news), NeoMagic Corp.
(NMGC - news) and Rambus Inc. (RMBS - news) as its favorites in the group.

-- The firm said Intel and NeoMagic ''should be able to report positive earnings
surprises'' while Rambus and Xilinx should ''meet or slightly exceed expectations.''

-- Morgan Stanley rates Intel, Xilinx and NeoMagic strong buy and Rambus as
outperform.

biz.yahoo.com

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