Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 160.47

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To: Ian@SI who wrote (7544)	1/11/1999 10:49:00 AM
From: Ian@SI	Read Replies (1) of 10921

January 11, 1999 Chip-Equipment Firms Can Expect Slow Climb Out of Three-Year Slump By a WALL STREET JOURNAL Staff Reporter Makers of semiconductor-manufacturing equipment should start to climb out of a three-year slump this year, though results for 1999 will remain anemic, according to two market-research firms. Dataquest Inc. and VLSI Research Inc., both based in San Jose, Calif., are expected to release forecasts Monday at a Monterey, Calif., industry conference sponsored by the Semiconductor Equipment and Materials Institute. Dataquest expects equipment sales will decline 1.7% to $15.1 billion in 1999 from $15.4 billion in 1998. VLSI, which tracks a larger segment of equipment makers including makers of test and assembly tools, expects sales to rise 1.1% to $26.5 billion in 1999 from $26.2 billion in 1998. The forecasts are a substantial improvement from 1998, when both firms estimate equipment sales fell more than 25%. Equipment companies have been struggling to recover since chip makers built up excess production capacity in 1995, leading to a price drop for memory chips.

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