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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Sarmad Y. Hermiz who wrote (6588)	11/1/2002 10:16:34 AM
From: Return to Sender	of 95572

More from Briefing.com: ISM translations to GDP. According to the ISM, the 48.5% October reading is consistent with GDP growth of 2.1%; the 52.5% average for 2002 is consistent with 3.6% growth. Though 50% is often referred to as "breakeven", that hasn't actually coincided with breakeven in any official government stats in the past. 10:02 ET ISM a bit better than post-Chicago expectations. The ISM index fell to 48.5% in October from 49.5% in September; while lower than many official consensus figures, this was better than most estimates that were revised lower after yesterday's weak Chicago PMI reading. Orders actually rose slightly to 50.9% from 50.2%, which is a positive indication. 10:00 ET ISM Index 48.5% vs revised estimates in 47-48% range finance.yahoo.com RtS

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