Prognosis 1998
POSITIVES
-- Semiconductors should recover from a sluggish 1997, with global growth of 17%, to $162.6 billion
-- Personal computers will post solid growth as cheap PCs nudge U.S. household penetration above 45%
NEGATIVES
-- Memory-chip sales will remain below 1995 levels, and chip-gear makers could have a rough time
-- Profit margins will come under attack in all sectors because of brutal price competition in PCs
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