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August sees sales slip, says analyst

9/16/2010 10:35 AM EDT
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Cowan LRA Model
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re: August sees sales slip, says analyst
Cowan LRA Model   9/16/2010 9:28:09 PM
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Hi Peter - I thought I would share with you (and your readers) the Cowan LRA Model's August 3MMA sales forecast estimate compared to your posting of Bruce Diesen's expectation. The latest run of the model predicts that the 3MMA sales number for August will come in at $25.723 billion which is based upon the model's "actual" August sales prediction of $25.449 billion. This is slightly higher than Diesen's 3MMA sales forecast of $25.3 billion. Additionally the model's latest sales forecast for the full year is projected to be $305.729 billion. This yields a sales growth forecast estimate for 2010 of 35.1% which is much stronger than Diesen's recently increased chip sales forecast of 25% for 2010 as you pointed out. Mike Cowan, independent S/C industry analyst (and developer of the Cowan LRA Model for forecasting global chip sales)

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