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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (17664)	3/30/1998 2:49:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 50167

IKE this just in....FWIW Company Press Release INFRASTRUCTURE Assesses Slowdown in the Semiconductor Industry DALLAS--(BUSINESS WIRE)--March 30, 1998--INFRASTRUCTURE, <http://www.infras.com>, the independent research and analyst group which provides expert information on the semiconductor, FPD and related industries, has just released a special report characterizing the current slowdown in the semiconductor manufacturing industry. Titled ''Patience Is A Virtue!'', the report reviews several pieces of industry data and makes observations on the outlook for the sector. Carl Johnson, INFRASTRUCTURE's president, commented, ''Weakening business conditions have caused us to take a cautious outlook toward the semiconductor and semiconductor equipment industries.'' He added, ''During these difficult periods, we often suggest to our subscribers that they exercise patience while selectively applying capital to the market.'' ''We see several signs indicating that these slower conditions could last longer than most investors are expecting,'' commented Ron Leckie, INFRASTRUCTURE's CEO, ''However, we still have a very strong belief in the long term future of technology.'' He added that ''turmoil in the South East Asian economy, very weak device prices and some slowing in unit volume shipments are taking a short-term toll on the industry.'' The report mentions several companies, including Analog Devices, Inc. (NYSE:ADI - news); Applied Materials, Inc. (Nasdaq:AMAT - news); Compaq (NYSE:CPQ - news); Credence Systems Corp. (Nasdaq:CMOS - news); Fujitsu; Hitachi; Intel Corporation (Nasdaq:INTC - news); KLA-Tencor Corp. (Nasdaq:KLAC - news); Kulicke & Soffa Industries, Inc. (Nasdaq:KLIC - news); Linear Technology. Inc. (Nasdaq:LLTC - news); Micron Technology (NYSE:MU - news); Microsoft, Inc. (Nasdaq:MSFT - news); NEC Corp [Nasdaq:NIPNY - news].; Novellus (Nasdaq:NVLS - news); Sony Corp [NYSE:SNE - news].; Teradyne, Inc. (NYSE:TER - news); and Toshiba.