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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Brian Fukuba who wrote (18797)	7/2/1998 2:34:00 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

I still maintain to short SOX big way if PSE is below 337 and SOX 227. I will wait and see but I have yesterday decided to put on the trade which \I highlighted to Tim-- \long 70 against 55 shorts on INTC.

To: Brian Fukuba who wrote (18797)	7/4/1998 11:41:00 AM
From: Sonki	Read Replies (2) \| Respond to of 50167

panic every where in semi..here is EE times article and TK outlook. omas Kurlak, semiconductor analyst at Merrill Lynch (New York), changed his semiconductor forecast from flat for 1998 to a recession of -5 percent to -10 percent for worldwide semiconductor sales. Bit growth slowed to 50 to 60 percent from 90 to 100 percent 18 months ago, according to Kurlak's estimate. eet.com i think we have hit the bottom?