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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: keithcray who wrote (8994)7/30/2001 8:29:36 AM
From: ChrisJP  Read Replies (1) | Respond to of 208838
 
ERICY up nicely in premarket. Checkout those prints at 5.80, lol (probably should be 5.08).

I actually bought some on Friday morning.

Chris



To: keithcray who wrote (8994)7/30/2001 8:31:09 AM
From: 2MAR$  Read Replies (1) | Respond to of 208838
 
Market mover --->Intel chief predicts high-tech recovery in less than half a year

TAIPEI, Jul 30, 2001 (The Canadian Press via COMTEX) -- The computer industry
could recover from the global slowdown in three to six months, faster than the
telecom sector which has suffered more from overexpansion, the chief of Intel
Corp. said.

Mobile phones and other areas of the communications industry could remain slow
for another six months to a year, said Craig Barrett, chief executive of the
U.S. chipmaker.

But Barrett, on a brief visit to Taiwan, predicted the "syncronous slowdown"
currently seen in the United States, Europe and Japan won't slip into a
"syncronous recession."

The long-term future in the high-tech industry looks bright because the Internet
will remain the driving force in stimulating growth in computing, communications
and entertainment, he said.

Intel maintains strong business both in Taiwan and communist China, rivals
separated in a civil war in 1949.

Barrett refused to comment on whether Taiwan would lose out to China as a
procurement centre for foreign computer and chipmakers because the island
maintains a ban on direct air and shipping links with China.

As Taiwanese computer makers move their manufacturing bases to China, Barrett
said the island has a chance to move upscale and focus more on design and
product development.

But he said that "the free movement of information, goods and services is
important" for Taiwan to remain a key computer supplier to the world.


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