Technology >> Analyst Interviews >> March 18, 2002

Outlook For Semiconductor Equipment: Glen Yeung – Salomon Smith Barney

GLEN YEUNG, Director, joined Smith Barney in March 2000 from Deutsche Banc Alex. Brown Inc. where he also covered the semiconductor equipment group. Prior to working at Deutsche Banc, Mr. Yeung was an assistant vice president with InSource Limited of Toronto, where he was responsible for the equity indexed annuity franchise. Mr. Yeung placed number three in the 2002 Institutional Investor All-America survey in semiconductor equipment, after placing runner-up in 2001, and was the up-and-comer in the 2000 Institutional Investor Survey. In 2001, Mr. Yeung was ranked number one in semiconductor equipment and products in the 2001 Reuters US Larger Company Survey. He is a graduate of the Schulich School of Business, York University, in Toronto, Canada, with an International Master's degree in business administration, and holds a BA degree with honors in economics from the University of Toronto, Canada. Profile
TWST: What will this industry see in 2002'2003?

Mr. Yeung: First off, we believe that overall 2002 will be

another down year for semiconductor cap ex. We're forecasting a

15%-20% decline from