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Technology Stocks : Semi Equipment Analysis

SOXX 306.04

0.0%

Dec 26 4:00 PM EST

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To: cordob who wrote (2580)	4/2/2002 9:42:06 AM
From: Return to Sender	Read Replies (1) of 95640

From Briefing.com: 8:55AM : The pre-market indicators have weakened further in recent trade with the S&P 500 futures now 8.5 points below fair value, the Nasdaq 100 futures are 28 points below fair value while the Nasdaq 100 PMI is down 30.3 points. The estimates cuts by Goldman Sachs for a number of large cap tech names (EMC, IBM, MSFT, SEBL, SUNW) amid continued weakness in IT spending and the warning from PSFT (weighs on ORCL, SEBL). Outside of tech, HAL estimates were cut by Morgan Stanley based on a decline in US gas-directed drilling activity along with pricing and margin pressures in several North American product/service lines; CC reported in line for Q4 but now expects a mid- to high-single digit loss per share for Q1 (consensus $0.03). finance.yahoo.com^SOXX+^IXIC&d=t Not a good start for the market again today. things may yet turn higher. In fact I expect they will. Hope like Spring is eternal. RtS

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