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Technology Stocks : Semi Equipment Analysis
SOXX 296.74+1.8%4:00 PM EST

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To: Return to Sender who wrote (6109)10/12/2002 2:20:29 PM
From: Gottfried   of 95487
 
RtS, and here we go >SAN FRANCISCO (CBS.MW) -- With the prospects for an industry turnaround slipping ever further away, manufacturers of semiconductors and chip-making equipment appear likely to announce more layoffs and other cost cuts as early as this week.
Chip sector firms face mounting pressure to decide whether they'll muddle through another six months with excess manufacturing capacity or cut jobs. And for many of the largest names in the business -- including Applied Materials (AMAT: news, chart, profile), Novellus Systems (NVLS: news, chart, profile) and Advanced Micro Devices (AMD: news, chart, profile) -- the answer is job cuts, analysts say.
< [snip]

marketwatch.com

AMD shouldn't be in the same sentence with the others.

Gottfried
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