SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Math Junkie who wrote (45408)4/13/2001 7:02:04 AM
From: w0z  Read Replies (1) | Respond to of 70976
 
Don't you just love it when the stock gets within 25 cents of an analyst's new price target on the same day! <G>

I like this one even better...(ASYT closed at $15.44 + 1.08 yesterday):

Asyst Technologies Raised to 'Underperform' at Wells Fargo

4/12/01 8:33 AM
Source:Bloomberg News
Princeton, New Jersey, April 12 (Bloomberg Data) -- Asyst Technologies
Inc. (ASYT US) was raised to ''underperform'' from ''sell'' by analyst Susan
R Crossley at Wells Fargo Van Kasper. The price target is $13.



To: Math Junkie who wrote (45408)4/13/2001 5:28:16 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
Taiwan prospers amidst economic slowdown

By Faith Hung
EBN
(04/13/01 12:21 p.m. EST)

TAIPEI, Taiwan -- To help slash costs in the midsts of a market slowdown, foreign companies are sharply boosting the procurement of PC-related products from Taiwan.

Siemens, Munich, Germany, is planning to buy 25 to 30% more products this year, rising from US$500 million in 2000. The purchase list includes notebook PC, monitors, personal digital assistants and ICs.

“Taiwan is able to offer competitive pricing for quality goods,” said an official at Siemens' office in Taipei. “Our procurement here is among the top three in Asia in terms of amount and variety of products.” Suppliers of the German firm spread across from the island, China, Singapore, South Korea and many other Asian countries, she said.

Siemens is not alone. To take advantage of Taiwan's lower costs, major OEMs like Compaq Computer Corp., Dell Computer Corp. and Hewlett-Packard Co. have all outsourced to the island. According to an estimate from Taiwan's Ministry of Economic Affairs, OEMs from the U.S., Japan and Europe will purchase electronics products worth US$45.6 billion this year, compared with US$35.6 billion in 2000.

Among last year's biggest buyers, Houston, Texas-based Compaq bought up US$10 billion of products, followed by US$5.5 billion by HP, and US$4.5 billion by Dell and IBM Corp., respectively, the ministry said.

Siemens said that Quanta Computer Inc. and Compal Electronics Inc. are possible candidates for supplying the laptop PCs, declining to reveal any other details. The German company will soon decide if it will farm out its handset production to Taiwan.