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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (864)	7/27/2001 7:54:13 PM
From: Donald Wennerstrom	Read Replies (2) \| Respond to of 95456

There is a front page article in the Los Angeles Times today that gives a look into the tech job situation. The present status quo is not very encouraging. A couple of excerpts below: <A host of beleaguered technology companies announced a staggering 31,000 worldwide job cuts Thursday, marking one of the worst days for layoffs since the tech bubble burst a year ago.> < More than 300,000 tech jobs, nearly 40% of the U.S. total, have been eliminated in the first half of this year, according to Challenger, Gray & Christmas, a Chicago outplacement firm.> <Just like the corner coffee shop, tech giants that can't sell their products can't afford to pay their workers. With consumers holding onto their old PCs, Gateway, Compaq Computer and Dell Computer have announced the elimination of 11,500 jobs since January.> latimes.com