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Technology Stocks : Electro Scientific???

ESIO 29.99

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Feb 1 4:00 PM EST

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To: vinh pham who wrote (396)	6/11/1998 10:34:00 AM
From: Box-By-The-Riviera™	Read Replies (2) of 723

Thursday June 11, 10:01 am Eastern Time RESEARCH ALERT - Computer chip capital spending NEW YORK, June 11 (Reuters) - Morgan Stanley analyst Jay Deahna said Thursday that 1998 semiconductor capital spending would decline more steeply than he previously forecast, based on much lower-than-expected utilization rates in the semiconductor industry. His latest forecast was for a spending decline of 20-to-22 percent. His previous forecast had been a decline of between 12 and 14 percent, Morgan Stanley said. May book-to-bill data for the industry is slated to be released June 16.

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