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Technology Stocks : Teradyne
TER 195.06+2.4%3:59 PM EST

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To: Mr. Aloha who wrote ()6/16/2000 2:55:00 PM
From: PATIENT-DISCIPLINED   of 1184
 
Does anyone know anything about a change in the fundamentals that would justify today's drop of over 4 points? I could find nothing as regards news or analyst's downgrades. A 50% retracement of the move from 65 to 102.88 occurred at 83.94 and for a while, TER held at its 20 day moving average of approximately 86.25. Although the SOXX is up today, the Semindex, the index of semiconductor equipment manufacturers is down over 5% for the last five days and over 2.25% today. Semindex is available at www.semi.org. Thanks for you past postings. They are very helpful.
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