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To: H James Morris who wrote (117789)	2/14/2001 10:27:30 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 164687

Robbie Stephens Conference: Inktomi Targets Enterprise Market By Dan Colarusso SAN FRANCISCO -- With its primary Web caching and flow management business growth stalled by changing customer demands, Inktomi (INKT:Nasdaq - news) said it's planning a significant push into the enterprise software business. Speaking at Robertson Stephens Technology 2001 Conference here Wednesday, Inktomi Chief Financial Officer Jerry Kennelly said the company saw the enterprise area -- developing software to enable B2B and corporate intranet sites -- as a key area of new revenue and growth. The company's traditional strength had been in Internet search engines and content delivery. Reiterating the company's cautious guidance for the current quarter and weakness among its key Internet service provider and telecom customers, Kennelly echoed the wishful thinking of almost every executive presenting at this conference: that the second half will bring a recovery. Inktomi's stock closed Wednesday at $14.38, well off its 52-week high of $241.50. For the fiscal first quarter ended Dec. 31, the company reported revenue of $80 million, up only slightly from the fiscal fourth quarter's $78 million. Kennelly said over the next 18 months the company wants to boost its enterprise-related business to somewhere around 30% to 40% of its network service revenue from its current level of less than 10%. "A good-sized enterprise now has the same needs as an ISP did a few years ago," he said, pointing to demand for features such as business-to-business commerce and videoconferencing. Running down a list of enterprise customers that included Merrill Lynch (MER:NYSE - news), Fidelity and Nortel (NT:NYSE - news), Kennelly said the firm plans to sign up additional Fortune 50 names. "That's the way we'll enter the enterprise market, and we think we'll be successful," he said. Kennelly also said the company has started a division to look at opportunities in the wireless area, but didn't provide further details. thestreet.com

To: H James Morris who wrote (117789)	2/14/2001 10:50:54 PM
From: Mark Fowler	Respond to of 164687

Jim why Scmr over Covr i have Covr?

To: H James Morris who wrote (117789)	2/15/2001 1:18:53 AM
From: Mark Fowler	Respond to of 164687

SAN FRANCISCO, Feb 12 (Reuters) - Taiwan Semiconductor Manufacturing Co. (2330.TW) said Monday it will invest in leading-edge chip manufacturing equipment, despite a 30 percent cut in its 2001 budget for new chipmaking equipment. Taipei-based TSMC, the world's largest contract manufacturer of chips, said last week it was cutting 2001 investments in new semiconductor equipment to $2.7 billion from $3.8 billion last year. TSMC is going full-speed ahead to buy equipment for making 12-inch silicon wafers while cutting orders for equipment to make less profitable 8-inch wafers, said Senior Vice President Harvey Chang at a technology investors conference held by investment bank, Robertson Stephens. "Where it's difficult to revoke those orders, we are letting them bring (8-inch) equipment in. The rest we will put a stop on," said Chang, who is also chief financial officer. The equipment, made by U.S. companies such as Applied Materials Inc. (AMAT.O) and Novellus Systems Inc. (NVLS.O), is key for making ever smaller and more powerful chips. Chang also reiterated TSMC's downwardly revised financial forecast for 2001 that the company announced last week. TSMC is expecting year-on-year chip sales to be down 29 percent in the first three months of 2001. The company had reported last week that January sales grew 73.2 percent from a year ago to about $500 million, but were down 11 percent from December. TSMC also said that based on customer comments, contract orders for semiconductors will bottom out by April this year and pick up again in the early summer. "The second half of 2001 still represents a lot of uncertainty," Chang said. "But we think we are very close to the bottom, and that total wafer demand will recover by June or July." TSMC's stock rose 50 cents to close at T$92.00 in regular trading in Taiwan on Monday before Chang's s