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

To: Dale Knipschield who wrote (866)	5/2/2002 1:25:39 PM
From: Gottfried	Respond to of 25522

Dale, I agree Message 17413301 Of course I bought them too soon. Gottfried

To: Dale Knipschield who wrote (866)	5/2/2002 5:48:07 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

IC market to decline 4-5% in 2002, but will grow 31% in 2003, says In-Stat Semiconductor Business News (05/02/02 11:02 a.m. EST) SAN JOSE -- In a presentation at the Embedded Processor Forum here this week, In-Stat/MDR announced its latest semiconductor industry forecast, predicating a 4-5% decline in chip sales in 2002 over 2001. But the IC market will rebound and grow by 30.7% in 2003 over 2002, according to In-Stat/MDR. Chris Van Gaal, who tracks the market for the Scottsdale, Ariz.-based company, believes that 2002 will continue to be a corrective year for the industry in spite of sequential quarterly growth. However, in 2003, the semiconductor market will benefit from a combination of inventory depletion, order rates and market dynamics, he said. "There are many indicators that signify a marked turnaround in an industry that experienced a 32% decrease in sales last year,” he said. “As they are tied very strongly to the semiconductor industry, a rise in both regional and global Gross Domestic Product (GDPs) and order rates in key end-user segments are a good indication of a brighter future," he said. However, this does not mean that the industry will not continue to experience its tell tale boom and bust cycles, he warned.