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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (129172)11/29/2000 10:01:47 AM
From: Harvey Allen  Read Replies (1) of 1570111
 
Jim-CHPC Market Cap close yesterday $505,000,000 today $205,000,000.The reason:

SAN FRANCISCO, Nov 28 (Reuters) - ChipPAC, a provider
of test and packaging services for semiconductor makers, on
Tuesday warned that fourth-quarter net income would be far
below forecasts, citing weakness in the wireless and computing
markets as well as inventory adjustments by customers.


biz.yahoo.com

How do you justify NAZ 500 bounce in the face of tech's companies hitting the brakes? More likely we're looking at another 500 down even after the election is resolved.

Harvey Allen
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