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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%4:00 PM EST

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To: James Calladine who started this subject8/23/2002 10:26:46 AM
From: scott_jiminez  Read Replies (2) of 95536
 
KLIC as canary, continued...

From Yahoo:

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10:00AM: The Semi Index (SOX 349.12 -8.14) gapped lower at the open after two relatively strong sessions. Semi equipment part of the SOX is doing more damage. Banc of America slashed 2003 estimates for AMAT, BRKS, ASYT, and VSEA as it expects global capex spending will stall for the next 12 months. Semis are not being helped by Bear Stearns saying it believes Intel's (INTC 18.58 -0.57) SepQ is tracking slightly below the mid-pt of guidance, so the firm lowers its numbers...
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