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 (2304)	11/12/1998 8:30:00 AM
From: Joe Dancy	Read Replies (1) of 2754

Articles that are actually positive :) on the sector: *** Computer chip sales are expected to rebound next year, rising 9 percent after a dizzying slide this year caused by oversupply and Asian economic turmoil, the Semiconductor Industry Association said Wednesday.Sales are expected to fall this year by 11 percent, to $122 billion, for the first year in more than a decade that the entire industry rather than specific product segments took such a pounding. . . . ''The SIA's announcement mirrors recent forecasts by other analysts, and followed semiconductor giant Intel Corp.'s news Tuesday that its revenue will be up to 10 percent better than expected this fourth quarter, which ends Dec. 31. mercurycenter.com CHIP FORECASTThe Semiconductor Industry Association on Wednesday said it expects chip makers to report lower sales this year but to rebound starting in 1999. mercurycenter.com

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