Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 159.74

+1.0%

Dec 3 3:59 PM EST

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To: Cary Salsberg who started this subject	4/21/2001 10:35:11 PM
From: Q.	of 10921

Many High-Tech Firms See End of Downturn biz.yahoo.com excerpt: ... a consensus is building that the second quarter will be the bottom of the downturn in high-tech spending ... International Business Machines Corp. (NYSE:IBM - news), when it reported first-quarter results on Wednesday, said it was on track to meet earnings estimates for the rest of the year. Intel Corp. (NasdaqNM:INTC - news), which reported earnings on Tuesday, said that late last month customers started ordering chips again for immediately delivery. ... ``We've got a much, much clearer vision of where we're going -- it's just not a happy place,'' John Sullivan, chief financial officer for chip maker PMC Sierra Corp. (NasdaqNM:PMCS - news), told Reuters after his company on Thursday reported results that matched reduced forecasts. ``It's not murky anymore, like it was a quarter ago.''

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