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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?


To: semi_infinite who wrote (7424)12/4/2003 1:12:51 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 10712
 
S&P STOCK PICKS & PANS

Analog Devices (ADI ), Cree (CREE ), Intel (INTC ), Microchip Technology (MCHP ), and Vishay Intertechnology (VSH ): Reiterates 5 STARS (buy)
Analyst: Thomas Smith

S&P remains positive on its outlook for chipmakers. The Semiconductor Industry Association reported that worldwide sales of chips in October, in U.S. dollars, on a 3-month moving average basis, are up 23.3% year-over-year and 6.8% from September. Sales rose 16.4% in 2003 to date; S&P believes the full-year 2003 forecast of 15.8% is apt to be topped. S&P sees a cyclical industry upturn that could endure for two or more years, given modest spending on capital equipment by chipmakers. since 2000.

businessweek.com