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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Jong Hyun Yoo who wrote (3216)	8/5/1999 5:09:00 PM
From: Proud_Infidel	Respond to of 5867

SIA report: June semi sales jumped 13.6% By Bolaji Ojo Electronic Buyers' News (08/05/99, 04:00:32 PM EDT) Further confirmation of the ongoing expansion within the semiconductor market emerged today in a Semiconductor Industry Association (SIA) report that shows worldwide chip sales surged 13.6% in June from the year-ago period. Though total sales fell slightly from the preceding month, worldwide semiconductor sales rose in June to $11.22 billion, from $9.8 billion in June 1998. Japan and the Asia-Pacific region again led with a 20% sales spurt for a combined $4.87 billion, or about 43.4% of global sales. While Europe continued to weaken on a month-to-month basis, the Asia-Pacific region and the North American region eked out a small increase. "June's global sales numbers indicate that the industry is continuing the recovery that commenced in mid-1998," said George Scalise, president of the SIA, the industry organization representing about 90% of U.S.-based semiconductor manufacturers. "The strong year-to-year growth correlates with our recently released mid-year forecast that calls for 12.1% growth year-to-year." The SIA said continued currency problems in Europe, where the Euro has been depreciating against the stronger U.S. dollar, was partly responsible for the 1.5% yearly growth witnessed in the region.