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To: Jock Hutchinson who wrote (15246)	9/24/1998 7:02:00 PM
From: Tony Viola	Read Replies (2) of 25814

Jock, article "Semiconductor Industry Outlook: Explosive Rebound?", quotes Wilf quite a lot, optimistic as usual. Did this article make it in here yet? www3.techstocks.com This part negates something I said in response to E, asking if semi equip prices came down much: Murphy noted that semiconductor-equipment companies appear to offer a good long-term value. Equipment prices have fallen 50 to 70% as chip makers, struggling with overcapacity and pricing pressures, have put capital expenditures on hold. Supply/demand caused, rather than vendor passing savings along. Not so nice reason. Quite positive article for semiconductors, though. Tony

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