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


To: Donald Wennerstrom who wrote (12412)11/6/2003 6:04:38 PM
From: Donald Wennerstrom  Respond to of 95420
 
A report on the chip front.

<<Chips, hardware make slight recovery
By Chris Kraeuter, CBS.MarketWatch.com
Last Update: 4:39 PM ET Nov. 6, 2003

SAN FRANCISCO (CBS.MW) -- Chip and hardware stocks recovered on Thursday afternoon to close slightly higher

The Philadelphia Semiconductor Index ($SOX: news, chart, profile) added 1.2 percent to 525.7 while the Goldman Sachs Hardware Index ($GHA: news, chart, profile) ended unchanged at 254.3.

Late Wednesday, the Semiconductor Industry Association said the chip industry should grow nearly 16 percent in 2003 and 19 percent in 2004.

The trade group's growth targets for this year and the next are higher than its predictions issued in June. The SIA is just the latest industry watcher to boost its growth goals for this year into the mid-teen percentages.

Advanced Micro Devices (AMD: news, chart, profile) added 3 cents to $17.04 after the chipmaker's annual analyst meeting on Thursday.

AMD delayed by a few months its transition to chips made with 90-nanometer process technology. Also, AMD said it plans to build a 300 mm chip factory and that more details would be announced in coming months. See full story.

Micron (MU: news, chart, profile) lost 1.3 percent to $14.40 as investors digest reports of recent DRAM price declines. Shares traded as high as $15 last week.

Among hardware stocks, PalmOne (PLMO: news, chart, profile) and Emulex (ELX: news, chart, profile) each shed 2 percent, while Hewlett-Packard (HPQ: news, chart, profile) and Brocade (BRCD: news, chart, profile) each added 1 percent.>>

cbs.marketwatch.com;