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Technology Stocks : Semi Equipment Analysis

SOXX 342.47

+1.6%

Jan 16 4:00 PM EST

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To: Gottfried who wrote (788)	7/12/2001 2:40:02 PM
From: Return to Sender	Read Replies (1) of 95737

1:30PM: More of the same as the indices remain near their best levels for the day amid widespread participation... Big-cap stocks are leading the action as encouraging earnings news has come from some of the biggest companies such as Microsoft (MSFT +4.39), Motorola (MOT +2.31) and General Electric (GE +1.79)... Semiconductor stocks are up nicely across-the-board as they have been boosted by a double dose of good news in the form of reassuring guidance from MSFT and MOT... The latter company's contention that its wireless telephone business is already beginning to show signs of recovery has provided a much needed boost to communication IC companies like RFMD, TQNT and SAWS... NYSE Adv/Dec 1812/1157, Nasdaq Adv/Dec 2329/1165 I'm not sure we have enough volume or good news to really see a lasting rally but at least we are back in the trading range again. I am looking hard at SAWS if it pulls back again. I really like the way the stock is acting lately. RtS

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