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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (37489)	9/27/2000 12:35:18 AM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

Did someone say the economy was slowing? :-) Electronics drives Singapore manufacturing higher in August SINGAPORE--Singapore's manufacturing output through August has jumped 20.5% over the same period last year due to strong electronics demand. And it is likely to continue at that rate into the traditionally strong year-end period, economists said today. The Economic Development Board (EDB) reported that electronics output surged 41.1% through August with the semiconductor segment riding on the upward wave of global demand. The EDB said the August rise followed double-digit gains of 11.1% in July and 10.8% in June. The increase in electronics production offsets declines in chemicals, down 8.4%, and pharmaceuticals, off 32%. Chips were produced for both Internet and consumer applications, while demand for wireless and broadband products boosted the output of telecommunications equipment. The growth in output by Singapore factories "is broadly in line with expectations...for the next few months, spectacularly strong exports and manufacturing growth are baked in the cake," said P.K. Basu, chief economist for Southeast Asia at Credit Suisse First Boston. He expected to see strong growth in domestic exports and industrial production through at least January. New orders from the U.S. for electronic components grew faster in the past three months than at anytime in the last 20 years, the EDB reported.

To: Ian@SI who wrote (37489)	9/27/2000 12:41:49 AM
From: Gottfried	Read Replies (1) \| Respond to of 70976

Ian, I've heard of data mining but don't know what it means. Engineers know that a well fitting curve can be calculated for any set of data if you're willing to make the equation complex enough. But computing this curve beyond the existing data does not predict. Is that what you mean? Gottfried