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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: Return to Sender who wrote (652)	6/3/2001 6:47:46 PM
From: Donald Wennerstrom	Read Replies (3) of 95821

RtS, Last week was down for the group, but it could have been much worse. By the end of Wednesday the group was down 11 percent, but surprisingly(IMO) it recovered somewhat by the end of the week. There are many positive and negative currents in the market right now - which ones will dominate this coming week is hard to say. As I read through the threads I see a lot of differing opinions - each with their own rationale. While INTC had a good day Friday, for the week it was still down over 1 percent, and it is still down over 11 percent from its closing high on 4/19. The recent trend from 4/19 has been down even including the good gain on Friday. As you pointed out, the semi-equips received good support on Thursday and Friday, but is that going to continue this week, and if so, for how long? It should be an interesting week! Don;)

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