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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Harvey Allen who wrote (66073)12/21/2001 11:08:46 AM
From: Harvey AllenRespond to of 275872
 
Survey shows only two big chip companies grew this year

EBN
(12/20/01, 05:21:08 PM EST)
The latest projections from iSuppli, El Segundo, Calif., indicate that the overall 31.4% decline in worldwide semiconductor revenues will cause a major shake-up in the rankings of the Top 30 semiconductor companies.

Individual growth rates in 2001 range from 14% on the high side to negative 58.6% on the low side. Japanese suppliers were hit particularly hard, dropping several places in the rankings. Last year, it took more than $9 billion in revenues to make the top 5 rankings -- but this year iSuppli projects that revenues of just $5.6 billion would qualify a company for 5th place.

"Only two companies in the Semiconductor Top 30 will show any revenue growth this year -- IBM Microelectronics at about 3.9% and Qualcomm at 14%," the company said. This will propel both companies up the rankings, with IBM moving from 18th to 11th place and Qualcomm jumping from 36th to 29th.

Other companies that did better than the average will also move well up the list including STMicroelectronics from 6th to 3rd, Phillips from 10th to 9th, and Advanced Micro Devices from 17th to 12th. In a major move, Texas Instruments, which will experience revenue declines projected at more than 34%, will now take over the 2nd ranking behind number 1 Intel.

Major market share losers in the top 10 included NEC which will fall from 3rd to 6th place in the rankings, with Toshiba dropping from 2nd to 4th and Hitachi declining from 8th to10th. Other major market share losers include Hynix which dropped from 12th to 17th, with Micron falling from 11th to 18th and Sanyo declining from 20th to 23rd, according to iSupply.

ebnonline.com



To: Harvey Allen who wrote (66073)12/21/2001 11:53:48 AM
From: niceguy767Respond to of 275872
 
Harvey:

"A sell rating socked the stock, but the chipmaker's strong sales and promised profits have investors believing better days are coming..."

Seems the norm for analyst's not to like AMD...and unfortunately, judging by the way the ask is being loaded, some fairly heavy duty investors are paying attenting to the analysts at the moment...I'll jump in after the selling subsides...