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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (2961)	12/18/2001 10:27:23 AM
From: DebtBomb	Read Replies (1) \| Respond to of 13660

I agree mouf. That was some fade in the SOXX so far, almost straight down, KLAC, AMAT, INTC red, in front of INTC and MU after the bell, hmmm.

To: moufassa7 who wrote (2961)	12/18/2001 12:27:06 PM
From: Tradelite	Respond to of 13660

Interesting info about hotel industry recovery.... Signs of Recovery As the hotel industry heads into the holidays, it is starting to see some signs of a faster rebound than it expected. Las Vegas is reporting close to normal occupancy levels of around 70 percent on weekends and about 60 percent during the week, well above the 20 percent and 30 percent ranges it experienced in September and October. Occupancy rates in the District, averaging about 60 percent, are almost back to levels typical for this time of year. Some hospitality markets, including San Francisco and Boston, which are particularly dependent on business travel, have been slower to pick up. But many hotel executives are expecting revenue to return to more normal levels by the second half of next year. Analysts at PricewaterhouseCoopers predicted it will take until 2003 for the hospitality industry to return to the profit levels it enjoyed at its recent peak in 1998 of $21 billion. Full story at: washingtonpost.com