Outlook for Semiconductors: Tristan Gerra, Robert W. Baird & Co., Inc.

Outlook for Semiconductors & Components: Hans Mosesmann, Raymond James & Associates, Inc.

CEO Interviews (average 2,500 words): Top management from 8 sector firms examine the outlook for their firm and sector. Firms interviewed include: TriQuint Semiconductor, Inc., Advanced Photonix, Inc., Amkor Technology, Inc., FSI International, Inc., QuickLogic Corporation, Solitron Devices, Inc., Tessera Technologies, Inc., Zoran Corporation.

Topics covered: Faster than average revenue and profit growth - Companies with international operations - Weakness of the US dollar - Companies being more competitive in foreign markets - A return to normal valuations - The risk/reward in terms of growth relative to valuation - Inventory risk - Inventory accumulation - The holiday season - PC and consumer end markets - The industrial and communications markets - Low inventory levels throughout the supply chain - Benign overall pricing dynamics - Commodity memories - DRAMs - NAND flash - High quality names

Companies covered: Sigma Designs (SIGM), Altera (ALTR), ON Semiconductor (ONNN), Sandisk (SNDK), Intel (INTC), Advanced Micro Devices (AMD), NVIDIA (NVDA), Cree (CREE).