To: stockman_scott who wrote (122646 ) 5/6/1999 9:28:00 AM From: Mohan Marette Respond to of 176387
U.S equity preview-Global sales of computer chips up 6.7% in March. scott: Here is some encouraging news for this morning. ===================(Courtesy:Bloomberg) U.S. Equity Preview: Dell, IMSI, Microsoft, Safeco, Talbots By Shobhana Chandra New York, May 6 (Bloomberg) -- The following is a list of companies whose shares may move in U.S. markets today. U.S. Equity Preview includes news that broke after the markets closed. Wednesday's closing prices are included. The stock symbol is in parentheses after the company name. Technology stocks: Stocks of personal computer makers and semiconductors may rise on industry reports. Global sales of computer chips rose 6.7 percent in March from a year earlier as sales in Asia and Japan rebounded from sluggish demand through much of 1998, the Semiconductor Industry Association said. Sales in March 1999 also were 2.4 percent higher than the $10.9 billion reported in February. Also, personal computer sales at large electronics stores in Japan gained 74 percent on a unit basis in the week ended April 18 from the same period a year earlier, the technology weekly Nikkei Market Access reported. Dell Computer Corp. (DELL), the No. 1 direct PC seller, rose 1/2 to 41 5/16. Gateway 2000 Inc. (GTW), the No. 2 direct seller of PC's, rose 5/8 to 66 5/8. International Business Machines Corp. (IBM), the No. 1 computer maker, rose 1/8 to 212 1/8. Apple Computer Inc. (AAPL) rose 1/2 to 47. Hewlett-Packard Co. (HWP) rose 3/4 to 80 1/4. Intel Corp. (INTC), the No. 1 computer- chipmaker, rose 2 5/16 to 64. Texas Instruments Inc. (TXN), the No. 1 maker of semiconductors used in cellular phones, rose 2 7/16 to 107 15/16. Micron Technology Inc. (MU), the No. 2 maker of memory chips, rose 2 15/16 to 41 1/8. Motorola Inc. (MOT), the third-largest semiconductor maker, rose 2 1/4 to 80 3/8.