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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (113690)	10/15/2000 4:40:55 PM
From: puborectalis	Read Replies (1) \| Respond to of 186894

Dataquest says chip downturn won't come until '03 at earliest Dataquest seems to be getting as overly optimistic with its market forecasts as the Semiconductor Industry Association. The market researcher predicted this week that semiconductor suppliers would have two more years of strong growth before a modest downturn hits in 2003. The San Jose market researcher now sees worldwide chip sales rising 37% to $232 million this year, up considerably from its May forecast of a 31% increase. And it predicts that global chip sales will grow next year by 28% and by 14% in 2002. "A moderate but cyclical downturn [is expected] in the forecast for 2003," predicts Dataquest analyst Mary Olsson, adding that "a return to moderate growth is expected in 2004." She forecasts 2004 revenues will grow 5.8% to $340 billion. As far as this year's boomer is concerned, Dataquest predicts that memories are leading the way, with sales here now expected to jump by more than 60% over 1999. DRAMs alone with climb 58% to $37 billion, it estimates. There are reports of shortages and tight capacity for flash memory, MPUs, and some DRAM architectures, according to Dataquest. This is expected to cause higher prices for these products in late 2000.