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

To: Return to Sender who wrote (11536)	9/10/2003 6:06:01 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95580

Semiconductor Equipment . . . Digitimes article reports Taiwan Semiconductor Manufacturing and United Microelectronics Corporation have conservative outlooks about their fourth-quarter sales, according to its sources. In addition, Digitimes sources at both foundries stated both companies have cited concerns over its clients being too optimistic about the market with the result of their advanced processes potentially being overbooked. As most integrated device manufacturers or IDMs are not running at full utilization on their own advanced processes, potential orders from IDMs in the fourth quarter are limited, according to Digitimes sources. Semiconductors . . . Micron downgraded at Soundview to Neutral from Outperform and cuts their target to $16 from $21. The firm says DRAM data points in Asia are quite mixed, which is a disturbing dynamic mid-way through Sept given that back-to-school data points are solid; also, stable DRAM pricing is not good enough for MU shares to outperform, and the risk of both contract and spot price weakness is a real scenario in the coming 4-8 weeks. robblack.com