Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Jim- just pointing out that the CCMP 10Q warns that their pricing environment is deteriorating rapidly. Also, CCMP has a (NON) distinguished history of booking "orders" before they are actually signed off by the customer. Don't neglect FA and commonsense assessment of the cyclical nature of the biz. Overordering is a common tactic used by semi cap equipment buyers whenever the cycle peaks. Unwinding this is worse...