Zeev's Turnips Patch-No Politics (ZEEV)

[JMKel]

You are correct about the 1.28 it should be .98.
This explains INTC comments about demand. They grew reveneues this past quarter but it was at the expense of others marketshare.


Here is the SIA most recent report...
http://www.semi.org/web/wpress.nsf/33fa5c225257afa5882565e3006d9c77/40cbfd8df78e773a88256cb5007b0a08....

The book to Bill fell out in August about the time Bush pressed the war button. But it has been recovering since then.

Your information on employment is no doubt better than mine.
Unemployment in the valley has been bad for more than a year.
It is no doubt higher than the published figures.

The Book to Bill is an important number in the Valley.
at .98 it is flatish for last month. The profit increases are largely due to cost cutting but they are also due to the 300m
equipment being deployed at this time.

We have already had a double dip recession in semiconductors.
Just take a look at the SIA numbers. Are we going to have a triple dip? The SIA thinks not.

The 20 % forecast numbers for 2003 and 2004 were in the Mercury News a week ago and were widely discussed by local business people. Could they be wrong? Sure...

The lack of confidence we see in business dealings is no doubt due in part to the continuing war drums. It has been more than 6 months now since the war drums started for Iraq. Moreover, the Bush administration has lost credibility at home and abroad for its disingenuousness. This does not help confidence.

This administration has no real interest in the economy. It shows...