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Technology Stocks : Semi Equipment Analysis

SOXX 268.10

-4.8%

Nov 20 4:00 PM EST

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To: Return to Sender who wrote (863)	7/26/2001 11:26:34 AM
From: Return to Sender	Read Replies (1) of 95450

9:09AM Dupont Photomask (DPMI) 38.70: Robertson Stephens downgrades to MKT PERFORM from Buy and cutting price target to $38 from $55; cites scaling back by chipmakers resulting in reduced photomask demand, also notes 66 P/E on CY02 estimates. finance.yahoo.com Yesterday DPMI opened much lower and traded as low as 32.37 before closing up over 20%. Today despite the downgrade the stock is up at 38.78 now. What is going on here? Opinions anyone? I guess being technically oversold is more important than fundamentals for those buying DPMI now. RtS

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