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Strategies & Market Trends : The Amateur Traders Corner
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To: RockyBalboa who wrote (11107)6/25/2001 9:44:30 AM
From: Tom Hua  Read Replies (1) of 19633
 
Good morning Chr.,

08:45 ET Merrill on Semi Equip : Merrill Lynch says that due to very weak utilization rates in fabs, pushouts are
likely to occur from major IC companies that could allow orders to continue to decline on average for several more
qtrs; a material recovery in orders could be pushed out to the first half of 2002, and stocks could therefore lack a
catalyst for 3-6 more months.

08:45 ET Veeco Instrmnts (VECO) 36.35: USB Piper Jaffray downgrades to BUY from Strong Buy based on a
protracted cyclical slowdown in semiconductor and optical.

Regards,

Tom
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