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To: puborectalis who wrote (135491)	5/21/2001 2:37:26 AM
From: Amy J	Read Replies (2) \| Respond to of 186894

Hi Fallope and Jim, RE: "T.J. Rodgers, chief executive officer of Cypress Semiconductor Corp. (San Jose, Calif.), who has suffered through five downturns at the company since 1983, sees parallels in another period. From 1996-98 the industry went down 9 percent, up 4 percent and down 8 percent. "There is a possibility that this could be a double-dipper as well," Rodgers said. "The tech industry is getting the crap beaten out of it, and there's downstream impact of that. When we are a significant part of the economy and we start slowing down — laying people off, and then those people are having to worry about mortgage payments — that can feed back on us," he said. ------------------------------------------------ I heard from some friends at Evergreen (in the Bay Area), that last year's homes that sold for 750k are now going for 500k to 550k. The plunge has been rather steep in the past few weeks. Fallope, thank you for the article - it provides a bit of the big picture. Regards, Amy J