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jdaasoc

11/06/03 9:37 PM

#168899 RE: Zeev Hed #168898

If FED continues to reverse repos, there will be increased competition for cash parked in investments monitored by MZM. Implicitly we could see higher bond and interest rates for longer maturities rather then at the short end of the curve. Attracting some of those cash assets could be stocks but more likely corporate, and government bonds if they don't feel comfortable in pricey stock market.

I hope I better explained myself.


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lostalot

11/07/03 6:15 AM

#168918 RE: Zeev Hed #168898

Zeev: Very rosy forecast by semiconductor industry association (SIA) for 2004. Any thought of its impact on capital equipment like AMAT?

http://www.reed-electronics.com/electronicnews/index.asp?layout=article&articleid=CA334092&s...