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

To: robert b furman who wrote (299)	11/6/2001 8:11:14 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

TSMC, UMC Likely to Beat Financial Projections November 6, 2001 (TAIPEI) -- John Hsuan, the vice chairman of United Microelectronics Corp., said during a presentation to institutional investors that the company's capacity use would grow to around 45 percent in the fourth quarter, while sales would increase by 10 percent at least to turn gross profits positive. Hsuan said the company would cut capital spending for the full year of 2001 from the previously set US$1.5 billion to US$1.1 billion in recognition of the uncertain prospects for the industry. However, he stressed that UMC remains optimistic about the outlook of the communications industry, and will continue its deployment in the field. After Taiwan Semiconductor Manufacturing Co., Ltd. and UMC delivered their forecasts about performance in the fourth quarter, their full-year operations thereafter naturally emerged. Observers say their forecasts for the fourth quarter suggest that both of the wafer foundry giants will have better-than-expected profit results this year. There is increasing confidence that the two companies' operating profits will exceed their downwardly-adjusted projections. TSMC is expected to rack up after-tax profits per share of NT$0.74, up from the previously expected NT$0.63. UMC will not perform as poorly as it previously predicted, to lose NT$0.24 per share. As far as the outlook for next year's first quarter is concerned, TSMC is confident of better prospects, but UMC has not made its thoughts known yet. At the performance presentation for institutional investors, UMC said its fourth-quarter sales would increase 10 percent at least from the third quarter to reach above NT$13.15 billion, and bring up its full-year sales to just over its downwardly revised target of NT$63.546 billion. Moreover, UMC said its gross profits would turn back into positive territory in the fourth quarter, and was confident of beating its recently cut gross profit target of NT$8.49 billion eventually. If so, UMC may not lose as much as NT$0.24 a share this year, as it previously forecast. The stronger recovery in production capacity use both in chips for personal computers and for high-end manufacturing processes will enable TSMC's fourth-quarter sales to grow by 15 percent at least from the third quarter, and operating profits and after-tax profits for the period to be twice as high as in the third quarter. As a result, TSMC will see its fourth-quarter sales grow to NT$30.98 billion at least, and enjoy full-year sales of NT$123.74 billion, equivalent to 101.51 percent of its annual sales target, which was cut in mid-October. Its fourth-quarter, after-tax profits are expected to hit NT$2.48 billion, and its full-year sum may reach NT$12.45 billion, equivalent to NT$0.74 a share and 113.3 percent of its annual profit target. Related stories: - UMC Chairman Tsao Outlines Strategy for Next Five Years - TSMC May Win 60 Pct. of Global Market Share in Q3 (Commercial Times, Taiwan)

To: robert b furman who wrote (299)	11/6/2001 8:24:00 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Hi Bob, Sorry to hear about your teeth troubles......if you get rich enough with tech stocks you can always hire someone to chew the food for you. Outsource it:-) AMAT reports one week from tomorrow; about one week before Thanksgiving. Hopefully there will be good news coming out of Santa Clara with regards to guidance. At this point, anything not sequentially lower is good news so the bar is not too high for them<ggg> Speaking of outsourcing Investment spending, INTC has a "Three I" strategy with regards to Investment spending: Intel to invest $25 mln for Indian R&D unit BANGALORE, Nov 6 (Reuters) - Intel Corp plans to invest $25 million to set up a new technology development centre in India's technology capital of Bangalore and expand its engineering staff by 60 percent to about 800 by mid-2002, a top company official said. ``We see value in using the engineering resources available in India,'' Avtar Saini, Intel's director for South Asia told Reuters by electronic mail. ``It's a long-term strategic direction for the company.'' Intel, which currently employs 500 engineers in six different locations at Bangalore, plans to consolidate the majority of its activities in the new building, Saini said. Despite the worst slump so far in the semiconductor market, the world's No. 1 chipmaker has stuck to its aggressive global spending plans. Staff at the Bangalore centre, which is Intel's largest non-manufacturing site in Asia, work on applications and technologies for e-business and develop software and hardware for networking and communications. Intel has in the last few years taken advantage of India's vast army of cost-efficient English-speaking software workers to scale up its operations in the country. Intel's president Craig Barrett said earlier this year that his company saw Ireland, Israel and India as hotbeds for new technology, referred to by Intel as its ``three Is'' investment strategy. Regards, Brian

To: robert b furman who wrote (299)	11/6/2001 8:43:00 AM
From: michael97123	Read Replies (1) \| Respond to of 25522

Bob, Re: TEETH I cant get any sleep. When i sleep on my left side i get shooting pain thru my neck and shoulder. This age thing gets worse as the number goes up. I hope you are feeling better today. I am not. You probably got the "tooth" ailment talking all those little old ladies into buying your trucks. <g> The reason i looked you up today is that i remember you had a position in oracle. Have you change your bullish view with that one? That company is always a concern to me and i wonder about future growth rates. mike

To: robert b furman who wrote (299)	11/6/2001 12:12:32 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Handsets will drive power chip sales to $26.8 billion by 2005, says report Semiconductor Business News (11/06/01 11:43 a.m. EST) SAN JOSE -- With a boost from cellular phone applications, power semiconductor revenues will grow to $26.8 billion by 2005 from $17.7 billion in 2000, according to a new report from Frost & Sullivan. "Mobile communication devices provide a tremendous market for the power management and smart power integrated circuits," said analyst Sunderraju Ramachandran of Frost & SullivanIndustry. "Power integrated circuits, with much smaller chip/board area requirement provide a natural choice for the portable communication applications such as mobile and cordless telephones." The report concludes that market share in the power semiconductor segment remains up for grabs with integration of features and process breakthroughs deciding which suppliers will emerge as winners in the middle of the decade.

To: robert b furman who wrote (299)	11/7/2001 8:23:15 AM
From: Proud_Infidel	Respond to of 25522

[World DRAM Price] Some 128Mb DRAM Spot Prices Drop Below US$1 November 7, 2001 (TOKYO) -- More than one month has passed since the 128Mb DRAM 30-day rolling average prices (PC133, 16M x 8) in the spot market dropped to less than US$1.50. The prices are still on a decline trend. In some cases, the DRAM products are being sold on the spot market at prices largely below US$1.00. According to a worldwide survey of DRAM prices by ICIS-LOR, an information service company based in London, Houston and Singapore, the 30-day period (from Sept. 20 through Oct. 19, 2001) rolling average prices of 128Mb DRAM (PC133, 16M x 8) for large-volume users were US$1.42 in North America, US$1.56 in Europe and US$1.43 in Asia. Compared to the previous week (the 30-day rolling average ending Oct. 12), the prices fell by 1.71 percent in North America, by 2.83 percent in Europe, and by 3.38 percent in Asia. As for the prices of memory modules, the spot prices of 128MB DIMM (PC133) declined from the previous week by 4.69 percent to US$10.64 in North America, by 2.15 percent to US$11.91 in Europe, and by 6.09 percent to US$10.30 in Asia. Table: 30-Day Rolling Averages of 128Mb DRAMs (PC133, 16M x 8) Sept. 20-Oct. 19, 2001 (survey by ICIS-LOR)Area Contract price Week-on-week comparison North America US$1.42 -1.71% Europe US$1.56 -2.83% Asia US$1.43 -3.38% *Week-on-week comparison is the comparison with the 30-day rolling averages of Sept. 13-Oct. 12, 2001. Previous story: Contract 128Mb DRAM Price Drops Below US$1.50 (Tamao Kikuchi, Nikkei Market Access)