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Zeev Hed

03/15/03 3:01 PM

#87456 RE: Chris McConnel #87454

Not really, for a variety of reasons, I expect the market to start and listen more to pre announcements and then in April to worse than expected earnings. Once these are in place and expectations have been lowered more, that is when I think that the "not so bad" results of the second quarter with few upside surprises from the like of QLGC could put the fires under a strong Summer rally. Possibly, even getting the July lows as "the lows", but I am not ready for that yet.

Zeev