Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Big Bucks who wrote (9797)	5/14/2003 12:01:06 AM
From: Return to Sender	Respond to of 95622

Semiconductors . . . LSI Logic prices $350 million convertible offering. Conexant announced that it plans to complete the spin-off to shareholders of Mindspeed Technologies, its Internet infrastructure business, ahead of schedule on June 27; previously, CNXT had said only that it would complete the spin-off sometime this summer. Broadcom spoke at the Piper conference today. Not hearing anything groundbreaking, but company does seem to be upbeat about ADSL and broadband growth prospects. Comments appear to be contributing to strength in the stock intraday Joe Osha at Merrill Lynch downgraded ATI Technologies, Intersil, Maxim Integrated Products, Nvidia and Semtech, all to "neutral" from "buy," citing valuation and business conditions that do not appear to be as positive as the companies believe. "The disconnect between what we're hearing from semiconductor companies and their customers continues," Osha said in a note to clients. He also said that it has become apparent that "the first quarter improvement that semiconductor companies experienced was a supply chain phenomenon." Osha added that the chip sector tracker Philadelphia Semiconductor Index is likely to decline to 270 to 280 during the summer The Wall Street Journal reported Intel has discovered a "glitch" in its Itanium 2 microprocessor. The problem causes computers to crash under certain circumstances and effects only some of its chips manufactured since its introduction last July. Boxmakers . . . SARS forces temporary closure of Dell Taiwan Design Center. This will heighten investor sensitivity; but per se, should have no bearing on ability to manage its supply chain. 2020insight.com