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Technology Stocks : Semi Equipment Analysis

SOXX 306.55

+0.4%

Oct 31 5:00 PM EST

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To: Return to Sender who wrote (35172)	6/20/2007 12:16:42 AM
From: etchmeister	Read Replies (1) of 95342

The May Housing Starts report came and went without causing much of a stir. The good news was that starts were down only 2.1% versus an expectation for a 3.5% decline. The bad news is that the data continue to point to a weak environment for starts. Separately, building permits increased 3.0% while the market was expecting a jump of 1.0%. permits increased by a wider margin but data continues to point towards weak environment for starts BTW for the ones who swing the hammer once in a while: copper piping for water will be history; I figure it's about 25% compared what copper cost. The new stuff is based on compression fittings - which means no more "sweating". That's a lot of copper

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