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To: The Ox who wrote (9483)	2/7/2001 10:32:25 AM
From: The Ox	Respond to of 10921

ebnews.com Atmel exec predicts chip industry will grow 10-15% this year By Robert Ristelhueber EBN (02/06/01, 06:28:27 PM EST) SAN FRANCISCO -- Bucking a gloomy trend, a top executive of Atmel Corp. said that he expects the semiconductor industry will grow 10-15% in 2001, and that shortages of some parts could re-emerge by the end of the year. "We anticipate a strong pick-up in the spring," Donald Colvin, vice president of finance and chief financial officer for San Jose-based Atmel, said at the Bank of America Securities Technology Conference here. Colvin said he didn't see an emerging problem with overcapcity."Capital expenditures have been cut" throughout the industry, he said. "Many competititors have delayed 12-inch fabs." Since the current quarter is relatively soft, most of the year's growth would be back-loaded in the second half, when the industry "could come back to a shortage of parts," Colvin said. He later identified flash and microcontrollers as devices that could be scarce by year-end. Colvin said Atmel expects worldwide cellular handset sales will hit 525 million units in 2001, compared to 415 million last year, with 2002 sales expected to reach 650 million. The cellphone industry is in a transition year, with more feature-rich handsets beginning to make penetration into the market, he added. Atmel expects its own sales of silicon germanium products to take off this year. Last year, those sales amounted to only about $8 million, but revenues are expected to hit $35 million in 2001, and could top $100 million next year, Colvin said. BiCMOS SiGe products are in development, he added.

To: The Ox who wrote (9483)	2/7/2001 10:50:33 AM
From: Bill Hermesmann	Respond to of 10921

" .................too many people are pointing to their stock portfolio declines as an indication that the nation is in a terrible recession.................." Thanks Michael, You have given us the essence of wisdom on recent posts, although I would prefer phrasing it..... "as their only indication of what's right or wrong with the world."