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Technology Stocks : Semi Equipment Analysis

SOXX 304.96

+0.4%

Dec 23 4:00 PM EST

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To: Return to Sender who wrote (3413)	6/5/2002 12:07:48 AM
From: Gottfried	Read Replies (3) of 95631

RtS, >We are reaching a state of disinterest among investors.< Others say - without supporting evidence - there's still too much complacency. It bothers me that nobody seems to quantify. If these statments are based on anecdotal observations around SI, then we need to acknowledge that the 'weak hands' have left long ago. Only survivors are left and they are certainly not complacent. Most seem to day trade, even if they didn't two years ago. Disinterest? Anecdotal again: some of my neighbors are just scared to invest now. But I don't know how to quantify that. I'm saying far too many talk about complacency and disinterest without any measurable backup. Their observations may be true, but are nearly useless because you cannot project how much complacency or disinterest is too much. We're better off talking about P/C ratios and such. Those can be measured. Gottfried

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