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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (83152)	6/9/1999 8:36:00 PM
From: Maverick	Respond to of 186894

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