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Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

4:00 PM EST

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To: Return to Sender who wrote (3276)	5/24/2002 7:14:41 PM
From: Cary Salsberg	Read Replies (1) of 95611

RE: " Do you really expect that the semiconductor issues should continue to be selling at a premium to the rest of the technology stock market in general with no business led economic recovery in sight?" Yes! They are selling at a premium because they deserve a premium. The only question is how much of a premium. The "business led economic recovery" is not how it works. Semiconductors are the chief engine for new consumer products and services and improvements to existing ones. As value is created, consumers buy and business make capital investments.

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