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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (15505)10/7/1998 5:43:00 PM
From: shane forbes  Read Replies (1) of 25814
 
Hey the EMeister is back!

Today's moniker: JANE

So Hi Jane!

(Yes you got the testamonious thing right! I am EVILamonious you
know!)

I think I am going to go down as the most bullish person around - here's another of my Ha Ha reports (4 if anyone is counting - all
in the last 3 days - a beautiful record)
:

----

Ha! Ha!

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Global chip sales rise 1.5 percent in August - SIA

SAN JOSE (Reuters) - Global sales of computer chips rose 1.5 percent in August, the first month-to-month rise this year, despite a continued slump in Japan, the Semiconductor Industry Association said on Wednesday.

The rise in global sales came despite a slump in Japan, where single-month revenues were 30 percent below August 1997 levels, according to the trade group's Global Sales Report.

Total sales rose $147 million to $9.81 billion in August from $9.66 billion in July. The rise was the first month-to- month gain since November, a spokesman for the trade group said.

''Given all of the volatility in the global markets, these numbers are a positive sign for the semiconductor industry,'' said Semiconductor Industry Association President George Scalise. ''We are cautiously optimistic about the industry's prospects for additional gains in the fourth quarter, because it's traditionally the most active chip quarter of the year.''

The report showed modest month-to-month gains of 3.4 percent in the Americas, 0.7 percent in Europe and 3.1 percent in Asia-Pacific markets.

Sales in Japan fell 2.2 percent from July 1998 as that country's sales totals continued to show the impact of currency depreciation. [Shane's add: See Patrick what did I mention in the last
post! <wink>]Japan's sales declined only 0.1 percent in yen terms from July to August.

On a year-to-year comparison, global sales for August were 15.7 percent lower than the $11.63 billion recorded in August 1997. Sales in Asia-Pacific, which were severely hurt by the region's economic crises, showed a 12.6 percent decline from August 1997, while sales in the Americas fell 14.3 percent.

Sales in Europe, which have exhibited strength throughout 1998, were only 2 percent below August 1997 sales.

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Well a start is a start!

----

Shane! (The ONLY reason I am funny looking is because my Dad&Mom are but a single organic entity - HA HA - Welcome back Jane!)

Pay no attention to the man behind the curtain

<He might be Clinton or worse yet Quayle - Ha Ha>

<He actually is the collective "Market Borg" telling you to sell irrespective of price.>
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