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To: Haim R. Branisteanu who wrote (7383)	10/24/1997 6:13:00 PM
From: Tony Viola	Read Replies (1) of 25814

Haim, you wrote "I was preaching of over capacity for two months by now and had the false impresion that IT IS FACTORED IN by now, just to be proven wrong this morning, as UBS is starting to downgrade all the semi's." Don't make it worse than it is. According to Briefing as of 17:39 ET, UBS had only downgraded semiconductor equipment companies, not semiconductor companies. There is a difference. Trying to help it bottom out, huh? Tony

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