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Technology Stocks : Semi Equipment Analysis
SOXX 328.78+2.9%4:00 PM EST

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To: Gottfried who wrote (816)7/22/2001 2:36:27 PM
From: Return to Sender  Read Replies (1) of 95697
 
I think there are plenty of trading opportunities to take advantage of even in this limited trading range we now find ourselves in. Take KLIC for instance. The stock trades between 14 and 17 3/4 on a regular basis. IDTI has been between 25 and 31 1/2 several times. AMAT fell below 40 this week and closed over 45. NVLS was at 44 and hit 51 a couple days later. Find a stock and trade the range is what I'm trying to do myself. The truth is things do not look good for the semiconductor industry but if you ask me they look worse in almost every other technology industry. At least most of these companies have plenty of cash and the ability to raise more.

finance.yahoo.com

I look for the SOX to test 540 again where we might see some good buying opportunities in some of these stocks. I would love another chance at KLIC in the low 14's. A few more times trading it and maybe I will own my shares for free.

RtS
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