To: William Hunt who wrote (23766 ) 6/10/1999 1:00:00 AM From: Sonki Respond to of 27012
not a single post here ! on a day intel announced a move fromm salad to dinner plate... INTEL CORP made the long-awaited move to using larger silicon wafers in producing its computer chips, allowing it to cut costs by about 30% per semiconductor. The chipmaker will begin using the dinner-plate-sized wafers in high volume in early 2002 using next-generation copper technology. Currently, the industry uses wafers that are roughly the diameter of a salad plate, or about 8 inches (200 millimeters) across. By moving to the larger wafers, the 31-year-old chipmaker, which had 1998 revenues of $26.3 billion, gets more chips per wafer and that cuts its costs. (Reuters 05:56 PM ET 06/09/99) For the full text story, see full story ------------ following from briefing... i agree. Didn't take long for traders to forget about 6.0% on the long bond, as techs recaptured Tuesday's declines on the back of a strong chip sector... News that the Semiconductor Industry Association (SIA) ramped up its growth forecast for FY1999 worldwide chip sales by 3% to 12.1% encouraged a stampede of buying... Would be the first time since 1995 that industry achieved double-digit sales growth... More encouragement came from fact that Asian/Japanese sales were projected to grow by 16%+... Same can be said for worldwide growth in FY00... Among the chip stocks bid to new 52-wk highs were Atmel (ATML 24 3/16 +2 11/16), Cypress (CY 14 3/16 +2 5/16), LSI Logic (LSI 41 3/16 +1 5/8), PMC-Sierra (PMCS 60 13/16 +6 5/16) and Texas Instruments (TXN 123 3/8 +6 3/8)... Chip Equipment sector followed along, as Brooks Automation (BRKS 22 5/8 +2 1/4), FSI Intl (FSII 8 7/8 +7/8), Kulicke & Soffa (KLIC 24 9/16 +2 5/16), KLA-Tencor (KLAC 54 11/16 +5 1/4), PRI Automation (PRIA 33 5/8 +5 9/16) and SpeedFam (SFAM 15 9/16 +2 1/8) posted gains of 10% or more.