Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: patrick tang who wrote (18335)	5/2/1999 1:45:00 PM
From: E_K_S	Read Replies (1) \| Respond to of 25814

Hi Patrick: Dow Jones Newswire had the following news blurb on Friday. STMicro's Dauvin Sees Semiconductor Mkt Growing 15% In '99 Dow Jones Newswires NEW YORK -- After suffering from oversupply and Asia's economic turmoil last year, the semiconductor industry is poised for substantial growth, according to Jean-Philippe Dauvin, chief economist at STMicroelectronics NV (STM). "During the second quarter, capacity will meet demand and then the chip market could grow this year by at least 15%," Dauvin told CNBC in an interview Friday. Dauvin said semiconductor companies' move beyond PCs into mass-market products will help fuel growth. "(Semiconductor) business will be driven by communications, automotive electronics, the new digital consumer" as well as PCs, Dauvin said. The economist also said he expects semiconductor business in Asia to grow between 10% to 15% this year as currency devaluations brings production to the region. ==================================================================== More up beat views about the chip sector going forward... EKS

To: patrick tang who wrote (18335)	5/3/1999 7:04:00 AM
From: Robert Scott	Read Replies (2) \| Respond to of 25814

I agree - I think they are set for a period of sustained high growth and earnings. Chip stocks are cyclical and if they sell off now, we have a great buying point. Look at the period from 1992-3 through 1995 - I believe we are at a time like 1992-3, I look for a triple from here over the next 2-3 years. I own 550 shares but would like to increase this to well over 1000 over the next 2 months. Fall and through January is usually a good time for these stocks and so buying before the end of July is usually a good move. However, Y2K may skew this somewhat.