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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: jtechkid who wrote (25912)11/2/1998 9:14:00 AM
From: blake_paterson  Respond to of 70976
 
MORGAN STANLEY

Heard a 5 sec blurb on CNBC a few minutes ago, few details. Something along the lines of: "Morgan Stanley downgrades sector saying fudamentals remain weak and stock prices have gotten ahead of themselves." KLAC mentioned, didn't hear AMAT...

BP



To: jtechkid who wrote (25912)11/2/1998 9:15:00 AM
From: hdr  Respond to of 70976
 
ASMLF downgraded

biz.yahoo.com



To: jtechkid who wrote (25912)11/2/1998 9:17:00 AM
From: blake_paterson  Read Replies (1) | Respond to of 70976
 
Brian:

Couldn't agree more!

BP



To: jtechkid who wrote (25912)11/2/1998 12:45:00 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
interactive.wsj.com

excerpt:

There is no doubt that weakness abroad continues to hit the manufacturing sector, and that weakness at home is now hitting as well. The October orders index indicates that the deterioration is now becoming more severe. The initial decline of the manufacturing sector was due almost entirely to Asia. Another wave of weakness is now beginning, triggered by falling demand at home, due to declining corporate profits and excess capacity, and further problems abroad, with the global crisis having recently spread to Canada and Latin America.