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To: John Stewart who wrote (2665)2/17/2000 10:31:00 PM
From: James Calladine  Read Replies (1) | Respond to of 3661
 
<<<<from another SI thread:

NEW YORK, Feb.17 /PRNewswire/ -- Giles Knight, small cap specialist for the ARK Funds, examines portfolio
management strategies ...

The other area that we like, and it has helped the portfolio's performance, has been the semiconductor equipment stocks. We have Cypress Semiconductor (NYSE: CY - news) and Semtech (Nasdaq: SMTC - news). We have Mattson Technology (Nasdaq: MTSN - news), which is a new acquisition in the equipment area. All three of these stocks are equipment companies that are involved in the various processes of manufacturing semiconductor chips.'

Within the semiconductor equipment sector, Knight states, ``Our feeling is that the semiconductor cycle is going to be a lot longer this time for several reasons. The main reason is that the usage of semiconductors is increasing dramatically ... We're seeing a lot of new consumer usages, including DVD players and digital cameras. One of my favorite semiconductor stocks is Zoran (Nasdaq: ZRAN - news), which makes chips used in these cameras.'>>>>

Best wishes,

Jim