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To: XBrit who wrote (179024)	1/22/2009 9:42:21 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 306849

ot: TSMC utilization under 30%? That's f'ing unbelievable! Tells me demand for electronics has dropped off a cliff.

To: XBrit who wrote (179024)	1/23/2009 9:11:20 AM
From: MulhollandDrive	Respond to of 306849

We're all connected, and IMO Obama's $900B stimulus is pssing into a hurricane at this point.* and one goes BK after taking taxpayer cash, just where we are headed... German chipmaker Qimonda declares bankruptcy (AP:FRANKFURT, Germany) German memory-chip maker Qimonda AG declared bankruptcy Friday, just a month after receiving a rescue package of millions of euros (dollars) in loans. The administrative court in Munich, Qimonda's base, confirmed media reports that the company had declared bankruptcy, but could provide no further details. Qimonda refused immediate comment. The company in December secured a rescue package of euro325 million ($421.98 million) in loans from government of Saxony, parent company Infineon and a Portuguese state bank in order to try and stave off bankruptcy. Makers of computer memory chips have been hit hard by falling prices and an oversupply of products. Infineon spun off Qimonda in 2006 but still holds a 77.5 percent stake. Qimonda has more than 12,000 workers worldwide, with some 3,500 in Saxony, 1,500 in Munich and also several thousand in Portugal. news.ino.com.

To: XBrit who wrote (179024)	1/24/2009 12:41:45 AM
From: Live2Sail	Respond to of 306849

U.S. Economy To Stay In Recession Reuters January 23, 2009 (Reuters) - NEW YORK, Jan 23 (Reuters) - A measure of U.S. future economic growth fell while its annualized growth rate ticked up in the latest week, but both remain deep in recession territory, a research group said on Friday. The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index fell in the week ending Jan 16 to 107.4 from 108.7 in the previous week, initially reported as 108.6. The index's annualized growth rate ticked up to negative 24.4 percent from negative 25.2 percent, revised up from minus 25.5 percent. "With the WLI declining again, it is premature to objectively declare that the worst of the recession will soon be behind us," said Lakshman Achuthan, managing director at ECRI. The weekly index fell due to higher jobless claims and weaker stock and commodity prices, Achuthan said. The WLI level and its growth rate can sometimes move in different directions, because growth is derived from a four-week moving average.