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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (40006)	8/4/2003 12:44:58 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69962

07:47 ET WR Hambrecht comments on Semiconductor sales data For the month of June, worldwide semiconductor sales totaled $12.5 billion, up 10% y/y and flat month/month. Key takeaways from the data include: 1) NAND flash shipments grew 57% q/q in Q2 vs. firm's estimate of at least 50%; firm believes its estimates of 10-20% bit shipment growth in Q3 for SNDK and LEXR may prove conservative; 2) YTD IC volumes continue to track ahead of peak 2000 levels which supports firm's positive bias towards SAT sector including Amkor and ASE Test; 3) SYNA continues to benefit from positive notebook trends although product mix is hurting growth prospects in 2H:03; and 4) preliminary indications suggesting total handset market growth of 0-5% vs. firm's previous expectation of 5-8% which support caution heading into Q3 for wireless IC names including RFMD and SWKS.