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To: P314159d who wrote (277)7/10/1999 9:47:00 PM
From: tech101  Read Replies (2) | Respond to of 1056
 
Chip earnings expected to rise

Published Saturday, July 10, 1999, in the San Jose Mercury News

mercurycenter.com

U.S. semiconductor companies are expected to post earnings far better than the dismal results of a year ago, adding to Wall Street's optimism that chip makers are embarking on a new growth cycle. Analysts expect especially strong performances from companies that make chips used in communications equipment such as cell phones, modems and networking gear. Companies that make chips used in personal computers had mixed fortunes in the second quarter -- usually a lukewarm time for the PC market anyway.