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 : LTX Corp. (LTXX) -- Ignore unavailable to you. Want to Upgrade?

To: Duane L. Olson who wrote (1887)	12/23/1999 4:35:00 PM
From: John Miz	Read Replies (1) \| Respond to of 2126

Happy Holiday's Duane! Here's a Q&A I pulled from MultexInvestor...With Gruntal SemiConductor analyst Mona Eraiba. Which semiconductor company stocks do you recommend buying? Mona E. Eraiba: The answer to your question depends upon your risk tolerance. For growth investors, we recommend Intel Corporation, LSI Logic, Motorola and, of course, Texas Instruments. If you consider yourself an aggressive growth investor, we like Micron Technology. MU is a volatile company due to the commodity nature of the memory business. The dynamic random access memory (DRAM) market is highly cyclical and a capital intensive. Since capital spending was curtailed during the last three years, and no new greenfields are in place for 2000, we favor the industry's lowest-cost producer, Micron. Other companies in our universe that stand to benefit during the upturn are Burr-Brown, Integrated Device Technology, International Rectifier and LTX Corp. Burr-Brown participates in the analog market and trades at a significant discount to its peers. Integrated Device Technology has exited the X86 processor market and is capitalizing on the communications market with leading-edge capacity to leverage its performance. International Rectifier specializes in regulating and controlling power consumption in automotive, motor control and several portable products, such as cell phones, laptop PCs, Internet appliances and personal digital assistants. LTX Corporation is a semiconductor test company that offers a unique single testing platform, Fusion, for the emerging system-on-a-chip (SOC) market. According to Dataquest, the size of the SOC market in 1998 was $9.1 billion in 1998 and is expected to increase to $32 billion by 2003. Rather than a first-half lull in the semiconductor industry, do you think the industry will see a bit of a boom as investors realize that the transition to Y2K is over and it's time to begin investing again? Are there particular semiconductor companies that you would recommend for the new year? Mona E. Eraiba: We believe that 2000 will be stronger for the semiconductor industry than the stock market expects. Massive capital investment should emerge in 2000 and expand infrastructure starts, and new e-commerce applications should continue to drive demand in the personal computer market and in the wireless/portable markets as well. This would create strong demand for semiconductor components since hardware products are built with semiconductor building blocks. Additionally, the launch of Microsoft's Office 2000 (available Feb. 17) should create further demand opportunities for the sector. This introduction clearly favors Intel and Micron Technology. Our six-month target price for both Intel and Micron shares is $100.