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Technology Stocks : Semi Equipment Analysis
SOXX 296.74+1.8%Nov 28 4:00 PM EST
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To: BWAC who wrote (4724)8/6/2002 11:21:39 PM
From: Sarmad Y. Hermiz   of 95487
 
>> How is that a bubble that is going to affect the track home builders?

I agree with the view that tract home builders will respond to

1- rate of household formation,
2- wage and income levels
3- mortgage rates.

I think 1 and 2 will be supportive for a long time. #3 will likely go in the negative direction. But not enough to derail housing.
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