20081020 MCI Biweekly Update

Between October 06, 2008 to October 17, 2008, the MCI index slumped from 5492.2 to 4963.4, down by 528.8 points. Despite the strong seasonality effect, it appears that the uncertain future outlook of the TFT LCD industry was the dominant factor, thus sending the MCI index slipping below the 5000 level.