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

To: Big Bucks who wrote (25492)	10/19/1998 12:15:00 AM
From: Ian@SI	Respond to of 70976

An interesting story, with more analysts calling third quarter the bottom for the chip industry... biz.yahoo.com Sunday October 18, 10:18 pm Eastern Time Taiwan Semicon Q3 net seen poor, but worst over-RPT By Alice Hung TAIPEI, Oct 18 (Reuters) - Microchip powerhouse Taiwan Semiconductor Manufacturing Co was seen posting a gloomy third quarter profit, but analysts said the worst will soon be over. Analysts said the closely watched blue chip, expected to announce its third quarter profit after the close of Monday's stock trading, would report its worst quarterly profit of 1998. Taiwan Semicon, which has a listing of American Depositary Receipts (NYSE:TSM - news) on Wall Street, is the world's leading manufacturer of made-to-order ''foundry'' microchips. ''The third quarter is really the bottom this year,'' said ING Barings' Taiwan semiconductor analyst Donald Floyd. ...