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Technology Stocks : Semi Equipment Analysis

SOXX 299.67

+1.5%

Nov 12 4:00 PM EST

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To: Return to Sender who wrote (1239)	10/21/2001 11:14:08 PM
From: Donald Wennerstrom	Read Replies (2) of 95406

Yes, it looks like 1 more week should push "next years" earnings estimate for the group into negative territory. This is the worst that I have seen it since I started keeping records in 1997. During the trough in October 1998, "next years" earnings estimate for the group was low, but it never went negative. The BtB number is due out on Tuesday if the SEMI organization stays on their previously announced schedule. Always an interesting look into what has been happening in the semi-equip world. Don

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