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


To: Cary Salsberg who wrote (4696)12/30/2002 12:01:15 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 25522
 
Computer market to recover first, says IEEE survey
By Semiconductor Business News
December 30, 2002

NEW YORK--The computer industry is expected to become the first sector to pull out of the current economic slump, followed by energy, semiconductors, and then telecommunications, according to a survey of conducted by the monthly publication IEEE Spectrum.

The survey polled IEEE Fellows, a collection of elite members in the Institute of Electrical and Electronics Engineers (IEEE). There are currently 6,011 IEEE Fellows out of the roughly 385,000 IEEE members.

The survey indicated that 49% of the IEEE Fellows polled believe the computer industry will recover first. Some 44% of IEEE Fellows believe that energy will recover first, followed by semiconductors with 43%, and telecom with 38%, according to the survey.

IEEE Fellows in the computer industry were 20% more positive than IEEE Fellows on the whole in forecasting their industry to recover first. IEEE Fellows in the semiconductor industry closely followed in calling for their industry to bounce back first.

All IEEE Fellows were collectively more positive on their own respective industry rebounding first from the technology slump.