Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: el paradisio who wrote (66703)	1/12/2001 11:09:56 AM
From: Doug	Read Replies (1) \| Respond to of 99985

El: The Semi's have a very large inventory problem which needs atleast 2-3Q's to absorb. The PLD manufactures who are the strongest of the group in terms of demand have stated that their Inventory problems are very large and require atleast 2Q's for them to be run down to normal levels. Historically, INTC has been closely co-related with the others of the QQQ group. Next week will be the start of Chip week. INTC is due its cc on Tuesday. Its forward forecast will be decisive and will likely take the SOX and the NAZ with it. A few Senior Analysts led by Lehmans Dan Niles is -ve and advised their clients to sell stating the SOX has more to give up. It imay be prudent to be defensive leading into next week.