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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (178287)	6/4/2004 5:20:21 PM
From: Lizzie Tudor	Respond to of 186894

it looks like this is about it for this cycle. It will be interesting to see if intel can break their high of 34.60 in the fall. Mature industries really suck imo. A new, impending chip slowdown is now official. It might seem like chip sales had just started to rebound after the dot-bomb of 2001-02, but analysts have been saying the latest semiconductor cycle was peaking. This week, the industry's leading research group made it official. The World Semiconductor Trade Statistics group said it expects chip sales to rise 28% this year to a record $213 billion. That would beat the 2000 bubble year by about $9 billion. That's the good news. The bad news? WSTS says sales will start to slow in the second half of this year, and will rise a mere 8.5% in 2005. Already this week analysts have downgraded some chip gear stocks. biz.yahoo.com