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 155.15

+2.1%

Nov 26 3:59 PM EST

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To: Cary Salsberg who started this subject	7/5/2001 3:43:06 PM
From: James Calladine	Read Replies (1) of 10921

<<<Lehman Says Chip Equipment Outlays May Have Worst Decline in 20 Years By TSC Staff 7/5/01 9:58 AM ET (Updated from 8:59 a.m. ET) Lehman Brothers said its worldwide semiconductor equipment budget survey suggests a 26% decline in 2001, following an 88% increase last year. The firm expects actual spending to fall 30% or more in 2001, a forecast that, if correct, would represent the worst year-over-year decline in 20 years. During Lehman's March survey, chip companies indicated that spending would drop 18% year-over-year. But in the last quarter, low utilization rates at chipmakers, which was driven by excess inventory and the global economic slowdown, has slowed the investment in capacity-related equipment. The firm also said that it expects chipmakers to cut their budgets further. thestreet.com >>> Namaste! Jim

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