Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Donald Wennerstrom who wrote (12849)	12/29/2003 7:51:22 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95567

Here is a bullish bit of news. cbs.marketwatch.com [snip} Lehman sees Fed on hold until 2005 Saying the market's focus has switched from wondering if the Federal Reserve will raise rates to when it will do so, Lehman Bros. weighed in with its opinion, telling clients it believes the central bank will remain on hold until 2005. While saying it's "still too early to position for a Fed tightening cycle," Lehman went on to point out that its analysis "casts support for over-weighting equities in general and cyclical industries in particular" in the year prior to the move. Smith Barney said it believes a combination of rising production, cost containment, a weaker dollar and cautious expectations suggest Wall Street's earnings expectations remain low for both the fourth quarter and 2004. [snip]