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To: Gottfried who wrote (62533)3/30/2002 1:40:40 PM
From: Sam Citron  Respond to of 70976
 
SIA Reports $10.01 Billion in Worldwide Chip Sales for February 2002

-Growth in the Americas and Asia-Pacific Market Leading the Recovery-

SAN JOSE, Calif. – March 29, 2002– Worldwide sales of semiconductors totaled $10.01 billion in February, essentially unchanged over last month, as sales growth in the Asia-Pacific region and the Americas compensated for a dip in Europe and Japan, the Semiconductor Industry Association (SIA) reported today.

“Strong consumer spending for mobile phones, DVD’s, and digital cameras continued to move chip sales slightly upward,” stated SIA president, George Scalise. “Although business investment has yet to pick up, consumer confidence and inventory replenishing continue to rise, driving the early stages of the overall recovery. Flat to slow growth of semiconductor sales in the first quarter of this year is in line with expectations. Our forecast calls for the second quarter to be slightly stronger with accelerating growth in the second half of 2002.”

“In February, total sales in the DRAM market rose almost 24% over January, as prices continued to recover from cyclical lows, a trend that was reflected in all regional sales figures,” stated Scalise.

On a month-to-month basis, sales in the Americas and Asia Pacific market accounted for approximately 60% of the global semiconductor sales with increases of 2.0% and 0.3% in February. Markets in Europe and Japan registered a slight dip in February, with sales down 1.5% and 1.2%, respectively.

The SIA’s Global Sales Report (GSR) is a three-month moving average of sales activity. The GSR is tabulated by the World Semiconductor Trade Statistics (WSTS) organization, which represents approximately 66 companies. The moving average is a mathematical smoothing technique that mitigates variations due to companies’ monthly financial calendars.

semichips.org



To: Gottfried who wrote (62533)3/30/2002 10:01:30 PM
From: StanX Long  Read Replies (2) | Respond to of 70976
 
StockPickReport.Com Announces Investment Opinion: New Ratings on Nortel Networks Holding, Palm Incorporated, Ciena Corporation, General Electric Co, Applied Materials Inc

host.wallstreetcity.com

SHREVEPORT, La., Mar 29, 2002 (BUSINESS WIRE) -- StockPickReport.Com ( stockpickreport.com ) gives you these stock evaluations for the short term:
FREE Stock Ratings for the next 2 weeks at: stockpickreport.com

Nortel Networks Holding (NYSE:NT) - Outperform
Palm Incorporated (Nasdaq:PALM) - Outperform
Ciena Corporation (Nasdaq:CIEN) - Outperform
General Electric Co (NYSE:GE) -Underperform
Applied Materials Inc (Nasdaq:AMAT)- Underperform

Get your FREE ratings at: stockpickreport.com WHAT THESE RATINGS MEAN:

StockPickReport.Com ranks stocks with a proprietary unbiased system of technical analysis. These ratings do not indicate a "long term" view of any company listed. These are ratings that indicate our opinion of a stock's PRICE movement versus the SP 500 over the short term. "Mainstream wallstreet" implores traders to "buy and hold". This strategy proves at times to be DISASTROUS. We believe that traders should find entry and exit positions over the short term to take profits or conserve capital.

stockpickreport.com

All information presented here is the opinion of StockPickReport.Com. We do not own shares of the stocks we rank. We will NOT compete with our membership. We do not receive third-party compensation to make stock recommendations.

CONTACT: StockPickReport.Com, Shreveport Dewey Burchett, 318/219-2368 info@stockpickreport.com stockpickreport.com

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