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To: DJBEINO who wrote (41349)12/9/1998 5:36:00 PM
From: Greg Thornton  Read Replies (2) | Respond to of 53903
 
My first post to the thread:

Why would someone "buy" this stock when it was trading at $54 yesterday and The 12-month target price is $55.00 per share...

Doe this mean that they didn't get to dump all that they wanted to get rid of at $53-$54??

Greg



To: DJBEINO who wrote (41349)12/10/1998 11:03:00 AM
From: Greg Jung  Respond to of 53903
 
Current Monthly Semiconductor Industry Growth Rates Unsustainable

Thursday December 10, 9:59 am Eastern Time

Company Press Release

Current Monthly Semiconductor Industry Growth Rates
Unsustainable

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 10, 1998--IC Insights will be
releasing the 1999 edition of ''The McClean Report'' in January, 1999. The report will highlight recent changes to the semiconductor market and forecast industry trends from 1999 to 2003. The report's highlights include a forecast of strong month-to-month semiconductor sales growth for November, 1998.

The report notes that strong month-to-month sales growth of 4.3 percent in September, and 6.3 percent in October recently experienced by the semiconductor industry during Q4 is unsustainable for any length of time. Extrapolating October's growth rate through 1999 would yield a 75% 1999 / 1998 semiconductor market increase.

With the spread of build to order inventory systems, there is evidence of increased volatility in semiconductor markets leading to more pronounced short-term upturns and downturns in semiconductor demand.

A seasonal downturn in month-to-month industry sales growth rates from December 1998 and into early 1999 is likely.

However, IC Insights expects that the market for electronic equipment will continue to be strong in 1999 and is anticipated to boost semiconductor sales from the depressed levels of 1998.

On a year to year basis, the semiconductor industry is expected to continue the market upturn (that started in August, 1998) in 1999 and will show explosive growth in 2000 and 2001.

Accordingly, IC Insights is raising its previous forecast (published in August, 1998) of semiconductor industry revenue growth from $126 Billion in 1998 to $140 Billion for 1999. This equals an industry growth rate of 11%
over 1998 revenues.

T



To: DJBEINO who wrote (41349)12/10/1998 11:15:00 AM
From: Greg Jung  Read Replies (1) | Respond to of 53903
 
SEMICONDUCTOR SALES UP TO $261 BILLION IN THREE YEARS

Summary: November 1, 1995 #32 WORLD CHIP MARKET TO GROW 44 PERCENT TO $146 BILLION IN 1995 GLOBAL SEMICONDUCTOR SALES UP TO $261 BILLION IN THREE YEARS
SAN JOSE -- The global semiconductor market will grow by more than 26 percent in 1996 to $185.1 billion with the memory chip market leading the way with an estimated 40 percent increase, the Semiconductor Industry Association reported today. According to the World Semiconductor Trade Statistics (WSTS), world chip sales will climb 18.1 percent in 1997 to $218.6 billion, and 19.6 percent in 1998 to $261.5 billion. "What does WSTS forecast for the future? " asked Ray Stata, Analog Devices chairman of the board and chief executive officer. "And the answer is: Uninterrupted growth through 1998, averaging 21.3 percent per year.