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Technology Stocks : Semi Equipment Analysis
SOXX 346.30-4.1%Jan 30 4:00 PM EST

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To: Donald Wennerstrom who wrote (650)6/2/2001 9:04:31 PM
From: Return to Sender  Read Replies (1) of 95821
 
Don, I know this is probably not strategy of anyone else on the thread but the SOX is currently bouncing up and down in a trading range as we wait for the industry fundamentals to actually improve. Current fundamentals are poor but they will improve.

I am on board now and will not take any profits until the SOX is back above 700. INTC got some strong buying at the end of the week so this could happen fairly soon. If we get enough companies making positive statements about the future we will eventually get our sustainable breakout.

Great work on sharing the PE's and PEG's on the Semi Equipment stocks. They are seeing very good support in my opinion and this week should be very good.

RtS
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