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Technology Stocks : Semi Equipment Analysis

SOXX 312.18

-0.2%

4:00 PM EST

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To: Johnny Canuck who wrote (88598)	7/1/2022 1:14:24 AM
From: Elroy	of 95536

The last time this happened it took about 18 to 24 months to clear the glut and stocks prices of the chip companies fell another 50 percent from the current levels. What months did this happen? A lot of caution may be advised... MU is already down from $98 in Jan 2022 to $54 today, how much more "caution" is there to worry about? In Jan 2022 the words of warning would have been excellent guidance. Today, the share prices are already quite far down, what's the "new" message? What we care about today is where will the share price be in March 2023? I'd wager it will be up from here, but who knows?

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