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Technology Stocks : Semi Equipment Analysis

SOXX 291.39

+2.8%

4:00 PM EST

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To: Think4Yourself who wrote (912)	8/2/2001 1:03:18 PM
From: The Ox	Read Replies (1) of 95478

JQP, I suggest you tune out the CNBS. Folks who trade based on talking TV heads get whatever comes to them. If they are lucky, so be it, if not, well......you get what you paid for! I'm not sure why you are pounding the table to go short everything here. Are you trying to convince yourself or others? Very few are talking about major rebounds in the tech sectors. What they are STARTING to talk about is that it's possible to see light at the end of the tunnel and to expect sequential revenue growth from the bottom. Many people, analysts and CEOs alike are expecting the worst of this downturn to be shown during the current calendar quarter. Even the recent upgrade by ML was to expect a 30% rise from current levels within the next 12 months. Very few are saying buy now at all costs because these stocks can't go down from here. The market is always looking for a catalyst to move, up or down. The upgrade was a short term catalyst to the upside. Who knows? CSCO could be the catalyst to move the stocks back down? Good luck with your short positions. mh

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