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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Haim R. Branisteanu who wrote (59865)10/5/2000 8:39:29 AM
From: Benkea  Read Replies (1) of 99985
 
RE: MU

biz.yahoo.com

In a research note, analyst David Wu said:

--he sees a normal pick up in demand for the fourth quarter from original equipment makers, but says prices are ``bottoming out at a lower level'' than he expected.

--but sees prices recover as original equipment makers' inventory declines.

Well, with demand slackening, that inventory decline won't be quick.
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