Zeev's Turnips Patch-No Politics (ZEEV)

[ardent jd]

mlsoft, re: semi fundamentals

A few weeks back, I mentioned (I think to you) that my inputs suggested business was quite strong and well above expectations. Having put that out there, I feel obliged to say that more recent inputs have been less encouraging. I still think things are recovering, but maybe only in line with seasonals...and IMO expectations have caught up to or exceeded reality. Just FWIW, and I hope this is of some use.