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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Rich1 who wrote (440)10/15/2001 9:18:59 AM
From: ajs   of 99280
 
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07:36 ET Semiconductor Downgrades : JP Morgan downgrades ALTR, XLNX, AMCC, PMCS and VTSS to MKT PERFORM from LT Buy. Firm's channel checks indicate that order flow remains weak for Comm IC companies, visibility is still poor, and revenue decline is likely in the foreseeable future... does not see stabilization in the inventory situation until Q2 of next yr at the earliest... firm sees downside risk in sector stocks of as much as 30%.
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