Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 296.26

-3.9%

Nov 4 4:00 PM EST

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To: Donald Wennerstrom who wrote (13760)	3/5/2004 8:37:15 PM
From: michael97123	Read Replies (1) of 95353

I am not concerned, well a little. My 120 person firm got the go-ahead to hire thirty folks on 1/1 based on very optimistic sales forecast. No one hired yet. The sales pipeline is filling up. If we dont hire soon we will not be able to meet demand. The hesitancy to hire probably has a brother out there in failure to spend infrastructure. Unless business is willing to commit hari kari, they will be forced to start spending now. ONly the appetizer has been served--the main course yet to come unless it spoils before served. This is all about as dumb as when after it was clear that the bust had come some firms kept ordering and hiring. Thats just a little anecddotal evidence. I hope it helps. Mike

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