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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (178)	10/31/2001 7:25:27 AM
From: Proud_Infidel	Respond to of 25522

UMC adds to optimism in Taiwanese chip sector news.ft.com

To: StanX Long who wrote (178)	10/31/2001 7:40:24 AM
From: Proud_Infidel	Respond to of 25522

Intel's CEO is 'looking beyond the turbulence' amid IC downturn Semiconductor Business News (10/30/01 21:05 p.m. EST) SANTA CLARA, Calif. -- Craig Barrett, president and CEO of Intel Corp., here on Tuesday acknowledged that it has been a tough year in the semiconductor business, but the chip executive is now "looking beyond the turbulence." During a Web cast event, Barrett and other Intel executives looked beyond the current and sharp IC slump by outlining some of its product plans for 2002. Those plans include the delivery of a 3-GHz Pentium microprocessor next year. But Intel would like to forget about 2001. During the long, two-hour Web cast, Barrett indicated the current semiconductor downturn is two times worse than 1985--which, until now, was considered the IC industry's worst year. "This is the biggest slowdown that the industry has ever seen," Barrett declared during the Web cast. "There are a number of turbulent things going on in the market today," he said. The Intel executive projected that the PC-based chip market would fall by 25% in 2001 over 2000, while the communications IC business is projected to decline by 30%. But still, Intel is looking "beyond the turbulence" he said. "The current turbulence that we're seeing today are not that different than we've seen before." Long term, Intel is bullish, especially in the wireless, wireline, and, of course, PCs. "The Internet build-out is just starting," he said. The Intel executive also said the company's customer base is expanding into some new and emerging regions, such as Eastern Europe, Latin America, and others. In 2002, the company projects a strong year. It also outlined some product initiatives to boost its sales. For example, Intel plans to roll out a 3-GHz Pentium 4 processor in 2002. It also hopes to ship a Pentium 4 processor for the notebook market in the first quarter of 2002. It also will ship 1-GHz, low-voltage processor for notebooks next year. And, it plans to ship a graphics IC and separate integrated chip set next year.

To: StanX Long who wrote (178)	10/31/2001 9:21:10 AM
From: Jerome	Read Replies (1) \| Respond to of 25522

Stan, those are some great charting programs. I think that a person should keep in mind where a stock is relative to its chart. Its good background information. But no charting system had any idea of the Sept. 11th situation and its disastrous consequence on the market. In my opinion charts are the shadow of market information. Peter Lynch said frequently that earnings (or the lack of them) are the number one reason for stock movement. The overall economic environment I would rate number two,and the third is interest rates. You may say that this is oversimplistic, but I think that if an investment idea cannot be explained in less than 30 seconds its part of the static that I referred to in my previous post. Like now...the only thing that will move the stock price of LRCX (with significance) is an improvement of the economic environment. Earnings are going down hill, (for LRCX and others in the group), and the interest rate cuts seem to have little effect on all tech stocks. Regards, Jerome