Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: DiViT who wrote (45120)	9/21/1999 5:29:00 PM
From: Black-Scholes	Read Replies (2) \| Respond to of 50808

Who's to say TSM hasn't just made a huge shipment to CUBE? This story is a NON-EVENT.

To: DiViT who wrote (45120)	9/21/1999 5:37:00 PM
From: Black-Scholes	Respond to of 50808

Sue Billat, analyst at BancBoston Robertson Stephens, told CBS.MarketWatch.com. "The equipment as I understand it in talking with the equipment companies . . . the equipment has been jostled around, but in general, we're not hearing any reports that the equipment has been damaged." Additionally, Billat said the equipment sits in very modern buildings on shock-isolation pads. "I don't think we're looking at a huge shortfall here. A number of equipment companies are near the end of their quarter, so it's always possible that orders they were expecting at the end of the quarter out of Taiwan might be delayed a bit," she added. Teradyne (TER: news, msgs) dropped 2 to 39 3/8 and Lam Research (LRCX: news, msgs) stumbled 4 percent to 62 3/16. "If there is a near-term supply issue, as there appears to be because of the earthquake in Taiwan, that's a temporary aberration," added Bruce Lupatkin, general partner at North Bay Technology Partners. "But, to me that doesn't change the fundamental prospects or alter the long-term trend." Taking another view was Altera. The programmable logic device maker said it's confident it will meet customer demand for its products. See press release. Nevertheless, Altera (ALTR: news, msgs) lost 2 3/4 to 50 1/8.

To: DiViT who wrote (45120)	9/21/1999 7:36:00 PM
From: John Rieman	Read Replies (3) \| Respond to of 50808

You're right. With back-up power, they are just testing, and protecting. And, this won't hit Q3 earnings. 10 days left, inventory draw down. It could hurt Q4, if Taiwan doesn't start back up within short period of time. Even if C-Cube supplies their chips to OEMs, as needed, the other pieces might be is short supply............... semibiznews.com ............. Most of Taiwan's wafer fabs lost electrical power around 1:47 a.m. when the quake struck, causing silicon foundries to shut down normal operations and switch on emergency power generators (see Sept. 20 story). With the back-up power on, managers at Taiwan Semiconductor Manufacturing Co. and other wafer foundries here are still attempting to determine if production lines and tools need repairs or servicing before they are started again. Some companies indicated that employees have not yet entered into some cleanrooms for fear of gas leaks. Normal electrical power is not expected to be restored for days, according to several companies interviewed today. Back-up generators at some fabs are providing enough power to protect wafer-processing tools and to help managers assess the potential damage. TSMC officials indicated that the company's use of standard mechanical interface (SMIF) minienvironments in fabs may have helped to protect wafers that were in the midst of being processed when the quake struck. .......... snip .......... A Hong Kong-based analyst with Goldman, Sachs & Co. said he did not believe the quake and disruption in fab operations would be catastrophic financially to Taiwan's growing foundry industry. Assuming a three-day shutdown at TSMC, the analyst said the world's largest silicon foundry could end up losing about NT$630 million ($19.8 million), or about 3% of its expected third-quarter revenues.