SI
SI
discoversearch

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.
Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: S. HYDER who wrote (57452)6/7/1998 7:54:00 PM
From: mr.mark  Read Replies (1) | Respond to of 186894
 
"PALO ALTO, Calif., June 7 (Reuters) - The two-year-old worldwide semiconductor slump may drag on due to the Asian financial crisis, lackluster personal computer demand and a worldwide glut of memory chips, industry analysts say."

regarding demand for pc's, in general... this from james cramer on today's tsc:

"Random musings: Ted Waitt, another American original, confirmed a ton of positives about the computer industry in general and his company, Gateway (GTW:NYSE), in specific, when we interviewed him for the show. He acknowledged that he had not felt as optimistic or as comfortable about his compamy's performance in some time. He acknowledged that phones were ringing off the hook and business was hand over fist.

Someone asked me after the show whether I thought Waitt was being overly optimistic, and I said, nah, you just don't go on national t.v. after seeing the daily orders for computers that he has and blow smoke about things being great. Too much liability. Too much downside . . ."