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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (9109)	3/21/2003 10:56:39 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95738

You might try their company site: solectron.com From August 2000: The company has received more than 215 quality and service awards from its customers in addition to the 1997 and 1991 Malcolm Baldrige National Quality Awards. Solectron is the first company to win the Baldrige Award for manufacturing twice in the 12-year history of the national program. The company has more than 57,000 associates in 57 locations worldwide, with more than 10 million square feet of capacity. Net sales for the first nine months of the fiscal year 2000 ended May 26, 2000, reflecting the merger with SMART Modular Technologies, Inc., were US$9.2 billion. RtS

To: Gottfried who wrote (9109)	3/21/2003 11:03:28 PM
From: StanX Long	Respond to of 95738

Gottfried, some more good news, Stan. :0) Micron Technology Shares Rise as 2nd-Qtr Sales Jump By Jason Kelly 03/21 16:35 quote.bloomberg.com Boise, Idaho, March 21 (Bloomberg) -- Shares of Micron Technology Inc., the world's second-biggest maker of computer- memory chips, rose 11 percent after the company said second-quarter sales jumped 22 percent. The shares gained 88 cents to $8.88 at 4:16 p.m. in New York Stock Exchange composite trading. The stock has lost almost three- quarters of its value in the past year. The company took business from rivals including Hynix Semiconductor Inc. as computer makers added more memory to each machine, analysts said. Micron predicted a 10 percent to 15 percent increase in so-called bit shipments this quarter, and analysts said its inventory dropped to the lowest level in about four years. ``They said demand is up and that prices will remain flat, and that's good news,'' said David Wu, a Wedbush Morgan Securities analyst who rates the shares ``hold'' and said he doesn't own them. Sales increased to $785 million in the quarter ended Feb. 27 from $645.9 million a year earlier, Micron said late yesterday. That beat the $690.5 million average estimate of analysts in a Thomson Financial survey. Micron has had losses in nine consecutive quarters as lower demand for personal computers hampered sales. The company is cutting about 1,870 jobs and closing two businesses that build chips for communications gear. Those measures will save Micron about $250 million in the next year. The Boise, Idaho-based company's second-quarter loss widened to $619.2 million, or $1.02 a share, from $30.4 million, or 5 cents, a year earlier. Micron blamed inventory writedowns and the cost of firing workers. Samsung Electronics Co. is the world's biggest maker of computer-memory chips.