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Technology Stocks : Semi Equipment Analysis
SOXX 352.69+1.8%Feb 2 4:00 PM EST

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To: Gottfried who wrote (147)11/28/2000 8:17:43 PM
From: Donald Wennerstrom  Read Replies (1) of 95834
 
Gottfried,

Thanks - glad to be back. Also, thanks for all the charts. The "business", in general, seems to be getting better and better, but the stock prices are getting worse and worse. One of these days, the "rubber will meet the road" and we will get some resolution.

Right now, no one is buying and the sellers are giving the stocks away. The percent reduction of the semi equip prices are very close today to what they were at the bottom in October 1998 compared to the peak levels in 1997. We need a psychological change in market sentiment however, to turn this market around.

Don W.
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