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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 660.08

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Nov 18 4:00 PM EST

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To: Johnny Canuck who wrote (38063)	8/20/2002 11:55:01 PM
From: Johnny Canuck	Read Replies (1) of 68107

5. Book-to-Bill Plummets to 0.77, VLSI Says Statistics from VLSI Research Inc. could indicate the chip industry is heading into a double-dip recession. VLSI publishes its own book-to-bill ratio for the semiconductor equipment community, and VLSI's July's ratio plunged to 0.77, its lowest level since December 2001. For more... email.electronicnews.com ---------------------------------------------------------- 6. Newport Cuts 18% of Workforce Newport Corp. today said it would cut between 225 and 275 jobs, and reorganize product divisions in response to the protracted downturn in the fiber optic communications market and the current uncertainty of the speed of a recovery in the semiconductor equipment market. For more... email.electronicnews.com

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