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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jerry Olson who wrote (17599)9/4/2001 8:52:11 AM
From: martin001  Read Replies (1) of 52237
 
Love that Semiconductor data:

DJ MARKET TALK: Semi Data? Worse Than Horrible

8:37 (Dow Jones) "Ridiculously horrible." That's how Goldman's Terry
Ragsdale describes the July semiconductor data released after the bell
on Friday. Global semi revenue in July down 45% year/year and 19% from
April sequentially (quarterly). Even worse, July's $8.8 billion was
the worst since July/August 1994. On the bright side, the horrific
numbers likely make for a nice snap-back when it happens, but the
horrible data don't give much guidance as to when that will be,
Goldman says. (TG)
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