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Technology Stocks : Semi Equipment Analysis

SOXX 330.38

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To: Jess Beltz who wrote (15101)	5/11/2004 2:58:02 PM
From: Donald Wennerstrom	Read Replies (1) of 95862

<<People are still leery of the market because of looming inflation>> cbs.marketwatch.com <<Moskow: No significant inflation threat Chicago Fed chief concedes rates won't stay low forever By Rachel Koning, CBS.MarketWatch.com Last Update: 2:33 PM ET May 11, 2004 CHICAGO (CBS.MW) -- While the rate of U.S. inflation appears to be on the rise, the increase isn't substantial enough to worry Chicago Federal Reserve President Michael Moskow. "A year ago, we were worried about unwelcome disinflation," he said Tuesday in prepared remarks to the Green Bay Chamber of Commerce in Wisconsin. "That concern has now subsided. But I do not see broad-based pressures developing that would lead to a significant increase in inflation," he said.>> [snip}

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