Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

-0.2%

Dec 9 4:00 PM EST

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To: Donald Wennerstrom who wrote (10396)	7/3/2003 11:46:46 PM
From: Return to Sender	Read Replies (1) of 95546

I saw that too Don. I knew you would comment on it and therefore we could have a discussion. It seems to me that this was even a bigger mistake than Briefing.com calling Thursday a Friday. Perhaps the analyst in question was looking at earnings estimates from another source other than First Call? Honestly, I doubt it. I think it was just an error pure an simple. The rest of the analyst discussion made some very valid points. It is going to take some extraordinary improvements in earnings to justify these P/E ratios if you ask me. Technically the market looks pretty good. Short term on a sentiment basis I would be a buyer. Medium term to longer term we are still overbought with market fundamentals at bubble extremes. JMHO, RtS

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