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 : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Curlton Latts who wrote (23987)	1/17/2000 9:18:00 PM
From: Curlton Latts	Read Replies (1) \| Respond to of 25960

Jay Deahna of Morgan Stanley thinks semi-equips are poised to benefit greatly from:: Semiconductor Capital Equipment: Intel's Capex Bullish for Semi Caps Jay Deahna· INTC's C2000E capex is $5.0B, up from $3.4B in C1999. We believe this news will be bullish for semi cap stocks............................We forecasted INTC's capex to exceed $4.0B based on INTC's low capital spending intensity ratio (capex/revenue). This $5B announcement exceeds our optimistic forecasts and represents an intensity level of approximately 15%, up from the 10% ratio spent in C1999 (below 20% levels of the past).· The higher anticipated capex is the result of expenditures related to the development of next generation 0.13-micron process technology for both 300mm and 200mm, in addition to new fab construction and equipment purchases to add 0.18-micron capacity. INTC's capex will increase 44% in C2000. The lion's share will be spent on shrink-related equipment as INTC shifts from 0.18 to 0.13 microns specs. INTC will also increase spending on new fab construction and equipment purchases to add 0.18 micron capacity. CYMI is the key enabling technology provider that controls all of this happening. Sounds fabulous to me. Clear skies ahead and high sailing! Good Luck To Each And All Curly ~~~~~~~~~~^^ [6.6] ......> [_]