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 : CYPRESS Semiconductor (CY) -- Ignore unavailable to you. Want to Upgrade?

To: pmcw who wrote (2434)	10/3/2000 8:32:46 AM
From: Nouveau_Riche	Read Replies (1) \| Respond to of 2694

Hi Everyone, I am long CY and saw this come out this morning. Good luck longs, NR biz.yahoo.com Semiconductor Aug. Sales Grew 53 Percent SAN JOSE, Calif. (Reuters) - Worldwide sales of semiconductors grew 53 percent to hit record levels during the month of August, driven by strong Asia-Pacific region growth and booming demand for Internet and communications devices. Sales of semiconductors, the tiny circuits that control devices ranging from computers to mobile phones to car brakes, rose to $18.2 billion from the $11.9 billion of August 1999, the Semiconductor Industry Association (SIA) said on Tuesday. The SIA said the sales growth was apparent in all major geographical regions of the world, with chips used in wired, wireless and Internet equipment in heaviest demand. The Asia-Pacific region, which includes manufacturing powerhouses such as Taiwan and Korea, grew 60.2 percent from August a year ago. Japan sales grew 53.7 percent. The Americas rose 50.3 percent and Europe's sales climbed 46.4 percent. Regional growth was up sequentially in each major geographic region, the SIA data showed. August's $18.2 billion in sales compared with the $17.3 billion reported in July. The trade group said the August data puts the industry on track to reach market forecasts for growth above 30 percent for the full year 2000. The SIA's Global Sales Report is a three-month moving average of sales activity. The report is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represent some 70 major chip producers. The three-month moving average is a mathematical smoothing technique that takes out variations due to companies' monthly financial calendars. From its beginning in the 1950s, the semiconductor industry has been characterized by a four year cycle which has been sporadically modified by unexpected economic factors. Strong growth cycles such as the industry is now experiencing are somewhat offset by cyclical downturns in subsequent years. Sales of microprocessors, the brains of personal computers, have posted moderate single-digit growth in recent months, according to financial analysts. By contrast, flash memory chips, which give electronics such as mobile phones their ``instant-on'' features, have grown well in excess of 100 percent, highlighting the explosive demand for communications equipment over PC-based devices.

To: pmcw who wrote (2434)	10/4/2000 7:25:59 AM
From: Ted The Technician	Read Replies (2) \| Respond to of 2694

Pmcw, What do you look for in a potentially profitable company? What measurements do you look for?

To: pmcw who wrote (2434)	10/4/2000 9:19:30 PM
From: Yogizuna	Respond to of 2694

Thank you for building up my confidence in the company. The hourly chart had enough on the downside and powered the shares higher today, and later tonight, I will see if we stay on the hold or go to a new buy signal. Keep the faith. Yogi