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Technology Stocks : Semi Equipment Analysis
SOXX 312.76+1.1%4:00 PM EST

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To: LemonHead who wrote (2399)3/24/2002 10:45:03 PM
From: Return to Sender  Read Replies (1) of 95531
 
Banks have been downsizing and merging with top officers often the first casualties now for a number of years. Of course it is not just banks is it.

Lots of jobs have been lost.

It's sad but true.

In the small town in which I live our largest employer closed down last year. No business has stepped up to take the place of that business. There are more houses up for sale here than I have ever seen in my 19 years in this town.

That does not change my thinking.

Short term the market may have further concerns to hold it back but longer term we will swing back higher. And that longer term will not take long for us to see.

Two areas I like long term are healthcare which is always needed for every human being. And of course semiconductors because they are the basis for the advancement of technology on every level.

The economy throughout the world has been and will continue to be filled with stories such as you and I have both witnessed and will no doubt witness again and again.

Bad loans to the wrong people or businesses, lack of competitive edge, Where it really counts money has been available and will continue to be available for those companies that have the most likelihood of actually succeeding.

New healthcare related investments can wait until the economic recovery is more mature. Semiconductors will by in large outperform all other industries over the next couple of years.

And buying a basket like Jonathan has done is a wise move because despite our personal favorites no one can be certain which individual stock will outperform the others but I think we can be quite certain that these stocks in general will surprise even the most optimistic of us in the longer term.

RtS
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