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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (18704)6/25/2001 9:02:26 AM
From: James Calladine  Respond to of 30051
 
SEMI EQUIP(From Briefing)

<<<08:45 ET Merrill on Semi Equip : Merrill Lynch says that due to very weak utilization rates in fabs, pushouts are likely to occur from major IC companies that could allow orders to continue to decline on average for several more qtrs; a material recovery in orders could be pushed out to the first half of 2002, and stocks could therefore lack a catalyst for 3-6 more months.>>>

Namaste!

Jim



To: Zeev Hed who wrote (18704)6/25/2001 9:13:15 AM
From: Rich1  Read Replies (1) | Respond to of 30051
 
He has high today/Tuesday and low through next Monday..
He hasn't updated the lows yet shoudl do so this week..
Looking for a high of around 1250 on the S&P futures either that or 1242..We shall see..
I will let you know about the lows later this week..
Zeev any opinions on VLNC how low it could go...Thanks..


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