Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 309.36

+2.2%

4:00 PM EST

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To: Donald Wennerstrom who wrote (3145)	5/16/2002 8:06:09 PM
From: Sarmad Y. Hermiz	of 95520

Thanks Don and Ian for organizing the b2b data. I think it is outstanding, too. Regarding market reaction. I think it will be better for us if the techs go up slowly and draw in the sceptics gradually, than to go up 200 nasdaq points in a week, then the shorts make a killing on the retrace. 10 points per day for a month would be much more enduring. Anyway, today you had unemployment claims, housing and consumer confidence working the down side. In addition to the biotechs taking a dive. So the fact that nasdaq did not crash was very encouraging to me. Again, I really appreciate all the informative charts, tables and postings here. And if tomorrow wasn't Friday, I'd say for sure it would be an up day. But heck, no-one wants to hold stock overnight. Much less a whole weekend. Sarmad

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