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Technology Stocks : Semi Equipment Analysis

SOXX 281.61

+1.7%

Nov 19 4:00 PM EST

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To: The Ox who wrote (2805)	4/17/2002 11:14:42 AM
From: Return to Sender	Read Replies (3) of 95443

Michael and thread participants; I think there is still some upside on this current rally. I expect the SOX could set a new post 9/11 high. However, over the course of the next few trading sessions I am planning on cashing in my chips. Any thoughts from the readers of this post would be appreciated. Clearly Michael in your last post the CEO of ATMI explains himself that there is still a lot of room for growth but expectations for that growth are tempered by a number of concerns. Valuations can and will come into question again soon. The channel is still up for the SOX but I believe there will be another bout of profit taking based on a myriad of problems for technology stocks including everything from valuations to potential war in the Middle East. I am going to do my best after taking some profits to show some restraint of my own before buying back in on the long side of anything in technology. RtS

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