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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%Dec 10 3:59 PM EST

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To: t2 who wrote (121131)12/7/2000 3:24:48 PM
From: Hightechhooper  Read Replies (2) of 186894
 
t2, I don't expect any upgrades based on NSM conf call. I think the butt heads will wait for news from the fed which will give them some foundation for claiming "Q1 will be the bottom". So if fed moves in January and other semi companies talk about Q1 being the end of the inventory correction, then the upgrades have to come.

The move will then be a big one I think because I can't think of any analyst or stratgist that is positive on the semi sector right now. So the only way to go for them is to upgrade.

I am just hoping we don't go down any further in 2000 and then pray for fed action in January which could fuel the next upmove. I will go back to "dont fight the fed" as the premise for my optimism.

regards,
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