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Strategies & Market Trends : Sharck Soup
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To: cyanideinvestor who wrote (15454)4/9/2001 9:22:36 AM
From: 2MAR$  Read Replies (1) of 37746
 
Niles on Chips : Lehman chip analyst Dan Niles is forecasting the worst year ever for semiconductors; sees 18%-20% decline in 2001 semiconductor revenues vs 17% decline in 1985 (the prior worst yr); believes Q2 semi revenues are likely to be down 10% qtr/qtr with no signs of growth for Q3 other than interest rate hopes.

Good bye Mr Chips....

;-)
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