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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (14747)	11/7/2002 1:53:40 PM
From: stockman_scott	Respond to of 57684

8:57 am PT Altera, Xilinx sell off following Cisco report : ALTR and XLNX are conspicuously weak today even as the SOX gets hammered (-6.8%); Wachovia said in a pre-open note that they see a sluggish outlook for comm IC/PLD suppliers ALTR, BRCM, MRVL, and XLNX given CSCO's cautious Q2 rev outlook coupled with the increase in raw material inventory; moreover, firm says CSCO highlighted its intention to replace PLDs with ASICs in order to further reduce its component cost base, which would adversely impact ALTR and XLNX since they supply about 50% of the PLDs into CSCO. -briefing.com

To: Lizzie Tudor who wrote (14747)	11/7/2002 2:49:46 PM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

I agree. Once the old economy companies see the market stabilizing they'll feel better about green-lighting projects, especially ones with fast ROI.