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To: Tony Viola who wrote (18729)6/8/1999 12:10:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
Tony,

The way I look at it it is do or die.

SOX can't stay in this formation forever. LSI needs to beat its high @~41....SOX is in a similar state. I suppose they will both break out at the same time. And yes, they might also break down, but let's save that for another day.

SOX:
207.95.154.130

LSI:
clearstation.com

And, in case that last chart site is still on hold:
askresearch.com

Imho, the Nasdaq has already given us a good sign by recovering 2500.

quote.yahoo.com^IXIC&d=3mm

just my thoughts.....fwiw

*ot* rmbs.....whew!

E!



To: Tony Viola who wrote (18729)6/9/1999 10:01:00 AM
From: Moonray  Read Replies (1) | Respond to of 25814
 
Bloomberg Version: Worldwide Chip Industry to Grow 12% in 1999, SIA Says

San Jose, California, June 9 (Bloomberg) -- Global semiconductor sales
are expected to rise 12.1 percent this year, marking the first time
the industry will post double-digit growth since 1995, a trade group said.

Worldwide chip sales will grow to $140.8 billion this year and surge
15.4 percent to $162.5 billion in 2000, the Semiconductor Industry
Association said. Chip industry sales have declined for the past three
years, and the last time growth was more than 9 percent was in 1995,
when sales soared 42 percent.

Digital signal processors, specialized chips used in everything
from cameras to computers, are leading the recovery as well as memory
chips, used mostly in personal computers.
The industry was hammered
in the past few years because of excess manufacturing capacity, slowing
demand and plummeting prices.

''The greatest growth driver of them all is the rapid public
acceptance of the Internet,'' said Wilfred Corrigan, an SIA board
member and also chief executive of LSI Logic Corp. ''The electronic
highway is paved with silicon chips.''


The forecast wasn't a surprise because companies have seen sales gains,
analysts said. Taiwan Semiconductor Manufacturing Corp., the
world's largest maker of custom-made chips, said today sales
jumped 39 percent in May to a record $173 million.
''1999 will
finally see double-digit growth, and the longer- term trend is in that
order,'' said Daan Muusers, an analyst at Friesland Bank Securities in
Amsterdam. ''The recovery should last through 2001 or 2002.''

The memory-chip market, which declined 19 percent in 1997 and 21 percent
last year, will make a comeback by increasing 19 percent this year, the
SIA said. The microprocessor market is forecast to rise 16 percent in
1999.

The U.S. market will remain the largest geographic region, representing
about a third of chip revenue worldwide, and Asia-Pacific will be the
second largest as it recovers from big declines during the economic
turmoil in that region.

The industry will be helped by rising personal-computer shipments,
which are expected to grow 21 percent in the second quarter,
according to International Data Corp., which raised its forecast
from 16.5 percent growth.
In 1999, shipments rose 12 percent as
the Asian recession curbed spending on computers. Now that Asian
economies are recovering, consumers in Japan in particular are buying
PCs to get on the Internet, IDC said.

o~~~ O