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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.63

-0.3%

Dec 8 4:00 PM EST

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To: HairBall who started this subject	3/2/2001 11:33:11 PM
From: Doug	of 99985

Looks like the TECHs are playing for time by trickling out negative news in small doses. My sources indicate that the situation is far more serious. In Fab country Taiwan, it is known that the leading U.S PLD suppliers have cancelled orders by 2/3rds. Most of the TECH firms have latched on to the 2nd half of the year mantra and this is now embedded in every cc. See: edtn.com This Tech glut has to sort itself and will likely take the entire year. What do you think.?

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