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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (307)	2/20/2002 5:04:32 PM
From: Dan Duchardt	Read Replies (1) of 787

Joe, Something that was impressed upon me reading the article you posted yesterday cbs.marketwatch.com "Front-end equipment bookings are at a low point for this downturn," said SEMI Chief Executive Stanley Myers. "The improvement in overall equipment bookings was driven by a 50 percent increase in the final manufacturing bookings." I interpret this to mean that while orders for equipment used to manufacture semis barely increased in January, chip production orders are up 50%. If that is correct, that is a fairly positive increase. If that trend continues, the equipment manufacturers should pick up soon too. Dan

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