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

To: shane forbes who wrote (19423)	5/13/1998 9:21:00 PM
From: Katherine Derbyshire	Read Replies (1) \| Respond to of 70976

The IC Insights forecast predicts semiconductor equipment spending of ~$32 billion in 1998, and chip sales of around $147.6 billion. Add in non-equipment capital spending--buildings and DI water plants, for instance--and the numbers probably come out just about right. According to Bill McClean (president of IC Insights) the $32 billion forecast may be optimistic, especially with the 1Q98 numbers that are now coming out. On the other hand, less capital spending now is a good thing long term, because that means the capacity bubble goes away sooner. Katherine