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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (1179)5/23/2001 10:16:25 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 10065
 
Read last sentence and ask how much you are willing to pay for that kind of visibility. It is all a guess.

Infineon <IFXGn.DE> CEO says Q3 loss likely


BARCELONA, May 23 (Reuters) - German semiconductor maker Infineon Technologies AG <IFXGn.DE> said on Wednesday it was likely to post a loss in the third quarter as the slump in demand for memory and communications chips continued.

"I think it's pretty likely that we'll have a third quarter loss," Chief Executive Ulrich Schumacher said at the margins of a technology investor conference here.

He said it remained extremely difficult to estimate the level of demand in the semiconductor sector as a whole.

"Speaking quite frankly, nobody really knows what's going to happen in the next six months," he said.