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To: DAN KACKLEY who wrote (2613)3/11/1998 10:27:00 AM
From: nnillionaire  Respond to of 8218
 
>The bad news is just starting to show, these unemployment figures must be old or false data! In the electronics industry they are dropping like fly's!<

Gee, Dan, I've heard of 'revisionist history' before, but I've never heard of 'revisionist news!' ;)

Good Investing



To: DAN KACKLEY who wrote (2613)3/11/1998 12:53:00 PM
From: Chip Anderson  Read Replies (2) | Respond to of 8218
 
Please cite some sources and/or specific instances for these statements.

In the electronics industry they are dropping like fly's!

I am hearing other industries, like advertising are also feeling the effects!

The news paper just reported that a major wafer supplier, is "shutting down to adjust inventories"


Which companies? Which newspaper? Where are you hearing these things? Without that information, your post is useless.

Chip
coolhistory.com



To: DAN KACKLEY who wrote (2613)3/11/1998 10:48:00 PM
From: j g cordes  Respond to of 8218
 
Global Chip Sales Down Nearly 5% In January
(03/11/98; 6:12 p.m. EST)
By Patrick Waurzyniak, Electronic Buyers' News

Global chip sales continue to show softness that
combined with the Asia-Pacific region's economic woes
pushed overall sales down by 4.5 percent during
January compared with worldwide sales for the
previous month, according to figures released
Wednesday by the Semiconductor Industry Association
(SIA).

Worldwide semiconductor sales reached $10.97 billion
in January, an increase of 2.9 percent and $304 million
higher than January 1997 totals, but a decline from the
$11.48 billion in sales during December 1997. The 2.9
percent increase over last January's sales figures was
the second strongest January of the 1990s, according to
the Mountain View, Calif.-based SIA.

The SIA said Europe topped year-to-year regional
growth with sales up 10.5 percent from January 1997,
while the Americas and Asia-Pacific markets also had
large sales gains from 1997, jumping 7.3 percent and
7.0 percent, respectively. In Japan, however, sales
continued to slump, as January 1998 sales decreased
12.8 percent from January 1997 sales.

"January sales reflect the impact of Asia's economic
malaise combined with a seasonal pattern of sluggish
sales," said SIA president George Scalise. "Historically,
long-term sales have grown despite short-term
weaknesses."

Asia-Pacific sales in January decreased 6.5 percent
from December sales. The SIA noted that since 1990,
sales in that region have increased by an average of 26
percent per year, and that sales declines were suffered
by all market regions from December to January. Sales
in the Americas, European, and Japanese markets
dipped by 3 percent, 2.2 percent and 7 percent,
respectively.

The SIA's rolling three-month average sales also
showed declines in every region, with Japan's 14.3
percent dropoff being the steepest, as semiconductor
sales for November-December-January fell 8.5 percent
to $10.97 billion, down from the
August-September-October period's total worldwide
sales of $11.99 billion