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

To: Kirk © who wrote (446)	11/12/2001 10:28:18 AM
From: Joe S Pack	Read Replies (2) \| Respond to of 25522

I don't have details. I don't know what the hell is going on. biz.yahoo.com A plane crashed in NY. Global Markets Slide After NY Plane Crash By Gerrard Raven LONDON (Reuters) - News that an airliner had crashed in the Queens area of New York reignited jitters over the vulnerability of the U.S. economy to terror attacks on Monday, sending shares and the dollar tumbling. ADVERTISEMENT <http://us.a1.yimg.com/us.yimg.com/a/1-/flash/yahoo/lrec_price.jpg> Investors rushed to the safe haven of government bonds as market professionals worked for the second time in just over two months against the background of televisions showing billowing smoke rising over the ``Big Apple.'' The blue-chip Dow Jones Industrial Average (.DJI) fell 166 points or 1.73 percent to 9,440 shortly after the opening, while the Nasdaq Composite Index (.IXIC) fell 45 points, or 2.46 percent to 1,783.59. In Europe, the FTSE Eurotop 300 index (.FTEU3) index was down almost 3.5 percent in the immediate aftermath of the crash, but by 1445 GMT, about half an hour after the crash, its losses had been trimmed to 2.1 percent. The airline sector, which has seen traffic fall sharply since the September 11 attacks on the World Trade Center in New York and on the Pentagon in Washington, reacted badly. British Airways (quote from Yahoo! UK & Ireland: BAY.L) fell 10.6 percent. ``We don't know specifics, but watching the market pullback here is a sign that investors are still sensitive to this kind of news. Hopefully, it's unrelated to the terrorist attack in September,'' said Gary Thayer, chief economist at AG Edwards in London. European currencies rose against the dollar, with the euro adding 3/4 cent to trade around $0.90 and the Swiss franc, a traditional safe haven in times of turmoil, rising half a centime to 1.6233 to the dollar. The dollar also tumbled to a one-month low against the yen of below 119.75 following the crash. European government bond and short-term interest rate futures soared with the German two-year Schatz (DE2YT-RR) was yielding 2.98 percent, down 7.5 basis points. ``People are getting into bonds for safety, and they are saying 'here we go again'. There is not the disbelief that followed the September 11 events. People are on high alert,'' said a trader in London. COMEX gold futures jumped to a 3-1/2 week high in New York. biz.yahoo.com

To: Kirk © who wrote (446)	11/12/2001 11:41:33 AM
From: Proud_Infidel	Respond to of 25522

Base-station chip sales will end up flat with last year, says report Semiconductor Business News (11/12/01 11:06 a.m. EST) SCOTTSDALE, Ariz.--Chip consumption in wireless base stations will be down slightly this year in terms of unit shipments but higher average selling prices for ICs will keep revenue flat with 2000, according to a new report from the Cahners In-Stat Group here. The market research group estimated that total chip sales for base station systems will total nearly $6.5 billion in 2001, about the same amount as last year. The revenue total includes power amplifier devices as well as ICs. In-Stat senior analyst Allen Nogee said 2001 is "turning out to be a year that both base station and base station manufacturers would probably rather forget." "While hopes were high, at the beginning of the year, that new 2.5G and 3G deployments would propel the market forward, a slow worldwide economy, terrorist attacks, and a general pushing-out of wireless data deployment has greatly dampened those hopes," Nogee noted. The new report said semiconductor growth in base stations will only be seen in CDMA-1900 and W-CDMA (Wideband Code-Division Multiple Access) segments. Between 2001 and 2005, chip revenues are expected to increase by a compound annual growth rate of 41% in CDMA-1900 and 268% in W-CDMA, according to In-Stat. Semiconductor sales for GSM-850/900 (Global System for Mobile communications will dominate the base station segment with total revenues of $2.3 billion in 2005, the report said. Base-station memory revenue will increase by less than 4% to $188.4 million in 2001 from $181.6 million in 2000, said In-Stat.