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.

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

To: Gottfried who wrote (29926)	5/5/1999 4:55:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 70976

Boy, somebody sure decided they liked tech stocks all of a sudden this afternoon!

To: Gottfried who wrote (29926)	5/5/1999 4:56:00 PM
From: Henry Eichorszt	Read Replies (2) \| Respond to of 70976

From Smart Money-Chip equipment stocks, which stumbled last week on concerns that memory chip prices were falling, perked up Wednesday. Analyst Sue Billat at BancBoston Robertson Stephens. says that they've been "unduly punished" and that investors may finally be warming to the notion that these stocks aren't entirely dependent on memory-chip and PC demand. Billat thinks some investors are waking up to fact that new industries -- including communications and networking -- are driving demand for the chip sector. For example, she says, Teradyne got 45% of its bookings last quarter from telecom and networking customers. Another emerging market for chip making equipment is video games, she adds. "It's about time Wall Street took a look at what's driving this industry now," Billat says. MR