Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (15033)	1/25/1998 4:50:00 PM
From: Teri Skogerboe	Respond to of 70976

GM & All, I just finished scanning (as in reading quickly, not with a machine) this weeks Barron's and on page 44 Scott Black talks about the semi-equips in the part where he is recommending Cohu. Here is a snippet. Q: Let's hear about your techs. Black: I'm going to preface these remarks by saying the ideas are not based on any wild-eyed notion that semiconductor equipment as a whole is going to grow. There still may be estimates out there on the sell side of 10% and 15% growth but that is utter nonsense. Our numbers are predicated on somewhere between zero and 2% growth in nominal spending on semiconductor equipment. I talked to a lot of people in Silicon Valley last week. A good friend, who was a classmate, is the No. 2 person at KLA Instruments. He said that from what he sees, in general, the industry would be lucky if it is flat. We have a few companies that are cheap. Most of them have limited exposure in Korea or Japan. The first I have owned off and on since 1980, Cohu Inc. out in San Diego. ....snip... regards, TS PS. He also mentions AMAT and SVGI as having direct exposure to the Korea/Japan area. Also, when he recommended Cohu, it was 30-3/4 (from the chart on page 40).