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Microcap & Penny Stocks : DVID
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To: Altaf Amin Jadavji who wrote ()2/10/1999 5:36:00 PM
From: Skywatcher  Read Replies (1) of 149
 
From CEO of LSI logic:
Chip pickup
Corrigan also said a recovery in the chip industry is beginning. Demand is picking up in Asia, he said. He told CBS.MarketWatch.com that sales in the region are being driven in part by increasing consumer demand in China. He said he sees $30 million in revenue from China in 1999, jumping to as much as $100 million in 2000. DVDs and set-top boxes are among the products that are generating sales in
the region, Corrigan said. He said he sees total sales for LSI Logic breaching $2 billion in 1999. "We have a reasonable shot at that," Corrigan said.<<
chris
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