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


To: t2 who wrote (77327)5/22/2001 8:06:06 PM
From: KyrosL  Read Replies (1) | Respond to of 99985
 
Semi equipment orders were 74% down from last year. How can anybody in his right mind value an industry whose orders can go that much down from year to year at anything other than rock bottom P/Es? This is a lot worse than the automobile industry for crying out loud.

If this can be span positively tomorrow, we will know that the mania has been revived.

Kyros