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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: mph who wrote (57794)	10/27/2000 10:35:59 AM
From: The Phoenix	Read Replies (2) \| Respond to of 63513

Indeed... Ya know. I'm thinking these piffer events need to be moved to March... That way we can all show up with smiles on our faces and money in our pockets. This early Nov thing has got to go....

To: mph who wrote (57794)	10/27/2000 10:38:16 AM
From: Junkyardawg	Read Replies (1) \| Respond to of 63513

Texas Instruments Sees Robust Demand October 27, 2000 9:44 am EST By Mary Kelleher BOCA RATON, Fla. (Reuters) - Computer chip maker Texas Instruments Inc. (TXN.N) currently sees strong global demand for its semiconductors, particularly in Japan, despite signs that the U.S. economy is slowing, its chief executive said. "If you look at the semiconductor market now, the strength is in all regions," Thomas Engibous, Texas Instruments' chairman, CEO and president, told Reuters in an interview on Thursday. "I think in every region of the world -- Japan, Asia, Europe and the United States -- year-to-date growth is above 30 percent. Japan is 45 percent." Engibous spoke while attending a gathering of the Business Council, a group of top U.S. business leaders. Communications, Internet and bandwidth companies are a source of especially strong demand, he said. "Those are the areas that are really driving growth," Engibous said. Demand remains strong even though startup Internet companies are struggling, and some are shutting down. The shakeout among so-called dot-com companies hurts Texas Instruments only to the extent that it is a supplier to the Internet server market, Engibous said. "While the large of number of dot-coms we read about lack success, the success is some of the others is so strong -- if you talk to Sun Microsystems (Inc. (SUNW.O)), their business is just booming," Engibous said. "That's our biggest link into the dot-com area." The Dallas-based company also is not directly hurt by the weakness of the euro currency because it mostly uses a dollar-based pricing system there, Engibous said. "Where we might be affected in Europe ... is should consumers in Europe choose not to replace cell phones at that same rate that they have, which we haven't seen," Engibous said. "We've also seen new subscriber rates stay at a very, very high growth rate." Texas Instruments is expanding in nearly all regions where it operates as it invests $2.8 billion this year, he said. "Mostly in the areas of wafer fabs, and not so much in brick and mortar, but in equipment for buildings that were built a couple of years ago," Engibous said. Texas Instruments shares opened up $1-9/16 to $45-3/4 on the New York Stock Exchange Friday.