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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.52-4.9%Dec 12 9:30 AM EST

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To: Gottfried who wrote (7820)5/26/1999 10:26:00 PM
From: Jerome  Read Replies (1) of 10921
 
Gottfried. I believe there is a better way to make your charts show the relationship that we know is there.

By using the stock price of the last day of the month as part of charts, you are distorting the relationship. What you are doing is comparing a monthly figure from the semi industry to a random stock price at the end of the month.

I believe that you will agree that on any given day the price of KLIC can be up two dollars or down two dollars depending on what's taking place in the market.

Prices for KLIC

Month Low High

Jan. 17 13/16.... 29
Feb. 25 3/8...... 33 1/2
Mar. 23 1/8...... 25 16/16
April 21 3/8...... 28 1/8
May 19 9/16..... 22 5/8

I believe that by using an average price (High -Low divided by two)
Or the sum of the closing prices divided by the number
of trading days, would show the relationship better.

I would be willing to do the math for you about six months back.
I don't know if a spread sheet format that would manage this
easily.

Hope this helps, Jerome
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