MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.07

-1.7%

4:00 PM EST

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To: Les H who wrote (56893)	7/20/2000 11:52:56 AM
From: Haim R. Branisteanu	Read Replies (3) of 99985

LU is representative of what is going on in the telecom and semi market --- slowdown, but the stock market is still in disconnect mode. To many equipment sales were financed with debt which can not be serviced from the current real cash flow resulting from the use of this eauipment. At least MU got some negative vibes after INTC and MSFT repots <GGG> Wonder wen ALA, ERIC, NOK, CSCO will reflect what LU prospects. BWDIK Haim

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