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To: kash johal who wrote (1692)	7/20/2000 9:06:34 PM
From: AK2004	Respond to of 275872

<deleted>

To: kash johal who wrote (1692)	7/20/2000 9:09:48 PM
From: Mani1	Respond to of 275872

Kash re <<Are you seriously suggesting that semi equipment suppliers will not have a serious down turn at some point>> I am suggesting that there is most definitely a possibility of that. As the market becomes more diversified and predictable, the less likely hood of sharp turns. The same thing used to be true with Auto industry. Now that industry is much less cyclical and the peaks and valley’s are much less pointy. All this talk about imminent down fall and the exact science about what happens in what sequence, is just regurgitated BS. Mani