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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: CPAMarty who wrote (29153)2/5/1998 2:14:00 PM
From: Ed's Head  Read Replies (5) | Respond to of 50808
 
Marty Van Acker: The play at this point in time is Semi's!

If I recall correctly, the melting Cube falls within this group.
I'm also accumulating: LSI. 97 was the year of the blue chips,
money is rotating to the Nasdaq, or trodden down selected tech.
sector, I expect this trend to continue.

Chip stocks jump on bullish analysts' comments

SAN FRANCISCO, Feb 3 (Reuters) - Shares of several semiconductor stocks were up on positive comments on the downtrodden sector by analysts, including bullish comments by Prudential Securities technical analyst Ralph Acampora.

"We are very bullish on semiconductors," said Acampora, director of technical research at Prudential.

Acampora said he recommended Texas Instruments Inc , Applied Materials Inc , Cypress Semiconductor , Micron Technology Inc , Intel Corp , Teradyne Inc , Novellus Inc , LSI Logic and Motorola Inc .
He added that his comments, made on a technical basis, coincided with a new semiconductor analyst at Prudential, Hans Mosesman initiating coverage on several chip makers.

"We hit the world with a one-two punch," Acampora said. "These stocks look very, very good."

The Philadelphia Semiconductor Index was up 10 to 308. Shares of Intel, the world's largest chip maker, were up 3-5/16 to 86-3/8 and were the most active on the NASDAQ. Donaldson Lufkin Jenrette also raised its rating on Intel to a buy from a market perform.
Cypress Semiconductor was up 9/16 to 10-3/4, LSI Logic gained 1-11/16 to 26-15/16, Teradyne added 5/16 to 42-9/16, Motorola added 1-13/16 to 63-15/16 and among chip equipment makers Novellus gained 1-11/16 to 39-7/16 and Applied Materials was up 2/16 to 34-7/8.

Memory chip maker Micron surged 2-7/8 to 38-1/8. Traders said Micron was also boosted by some recent analyst comments about stabilizing prices of memory chips.
Traders said that PaineWebber analyst John Lazlo said that memory chip prices were stabilizing, citing comments from a recent visit with Intel Corp executives. Lazlo was not immediately available for comment. An Intel Corp spokesman said Lazlo visited Intel Monday with institutional clients, but he did not know what was discussed at the meeting.

Separately, Micron Chairman and Chief Executive Steve Appleton was testifying Tuesday before the House Banking Committee, arguing that any international rescue package for South Korea should ensure that no funding goes to protect or save Korean memory producers.

15:23 02-03-98

good luck c-ya!



To: CPAMarty who wrote (29153)2/5/1998 4:50:00 PM
From: John Rieman  Respond to of 50808
 
Phillips in Italy and Peru................................................

ijumpstart.com

The Video Monitor

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Peru, Italy Tab Philips For Digital Broadcasts

Philips Digital Video Systems has gained work in Italy and Peru. It will install and supply digital broadcasting equipment for Italy's Fucino Space Center under a contact from Telespazio SpA.

The equipment includes three end-to-end redundant MPEG-2/DVB digital video Compression and Conditional Access chains.

The contract comes as Italy's major broadcasters have agreed to use a common technology for transmission of all digital TV services.

The order from Peru calls for Philips to supply MPEG-2 DVB technology for that country's first digital video distribution project via an SDH network. The contract was administered by Telefonica International of Spain. (Philips, 1 770/821-2236)