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

To: advocatedevil who wrote (1762)	1/25/2002 10:58:10 AM
From: Kirk ©	Respond to of 95622

ECRI Predicts recovery, WLI turns continues up. suite101.com ``The recovery start date will be in some month in the first quarter of 2002,'' said Anirvan Banerji, ECRI research director. A rise in mortgage applications and a decline in initial jobless claims helped push the index higher in the latest week, ECRI said. Here is the text of their call for a recovery suite101.com On this basis, the index was up 0.3% in the week ended Jan. 4 and up 0.9% in the week ended Jan. 11. As a result, "we are now clearly calling for an economic recovery by the end of the first quarter," said Anirvan Banerji, director of research at ECRI. "The signs meet the test of being pronounced, pervasive, and persistent. Recovery is imminent." warning: He hastened to add that "while a recovery is due, it looks like being not much of a recovery." Kirk