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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: SouthFloridaGuy who wrote (100584)1/17/2008 12:11:25 AM
From: Archie MeetiesRead Replies (1) of 306849
 
INTC raised capex for '08, hence the rally in some of the semis today.

"The decline of corporate profits - which commenced in Q4 - will put tremendous pressure on CAPEX budgets. The last thing companies will be doing now is upgrading."

You're getting long, aren't you?
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