SOURCE: Advanced Forecasting

May 23, 2005 08:00 ET

Advanced Forecasting to Announce at Semicon West 2005 a Turning-Point in Sales of Semiconductors

SARATOGA, CA -- (MARKET WIRE) -- May 23, 2005 -- Advanced Forecasting will share with attendees of its 17th annual forecast seminar a prediction for the timing of the next turning-point in the IC Cycle. A mid-year update of its forecasts for semiconductor equipment, semiconductor materials and equipment-components, and wafer sales will also be presented at the July 11, 2005 seminar held during Semicon West 2005 in San Francisco, CA.

"Accurately predicting an impending turning-point in a cycle is implicitly more important to a company's bottom line than possessing an accurate growth rate, because a positive growth rate may hide the beginning of a major recession, as in 2000," said Rosa Luis, Director of Marketing and Sales for Advanced Forecasting, a semiconductor-orientated forecasting house. "However, not only have our quantitative forecast models accurately predicted 90% of the turning-points in the IC cycle since inception, but most recently those models predicted the growth rates for 2004 with bull's eye precision for IC revenues, semiconductor equipment, and wafer sales."

As related industries continue to be impacted by the effects of the slowdown in the second half of 2004, predicted by Advanced Forecasting's forecasts (http://www.adv-forecast.com/historical_performance.htm), visibility using Advanced Forecasting's services is quite clear. Known for its unique non-survey-based methodology and accurate view of changes in direction, the forecasting firm will discuss how to identify and predict the peaks and valleys in a company's products/divisions' sales, as well as how to evaluate a forecast and implement it into the decision-making process from the corporate level to the product line level.

Attendees of Advanced Forecasting's seminar will have the opportunity to speak directly with Dr. Handelsman, the architect of the quantitative models behind the forecasts. Each attendee receives a CD that includes the presentation materials and software that assists the participants in analyzing their own company's data for internal decision-making and determining a forecast's applicability to that data.

For workshop registration information: http://www.adv-forecast.com/Forecast%20Seminar.htm

Founded in 1987, Advanced Forecasting is a leader in forecasting demand for semiconductors, semiconductor equipment, and materials industries. Its unique features are using purely quantitative input and never retroactively modifying its forecasts. Advanced Forecasting provides the industry's most accurate forecasts and has acquired a user base of more than 400 companies worldwide.

Contact Information

  • Contact:
    Rosa Luis
    Director of Marketing and Sales
    Advanced Forecasting
    rosal@adv-forecast.com
    Toll Free: 1.888.658.3227