Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 312.76

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4:00 PM EST

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To: Return to Sender who wrote (3594)	6/22/2002 1:40:39 AM
From: Donald Wennerstrom	Read Replies (2) of 95536

Yes, apparently MU has already sold off a great deal in anticipation of present and future downgrades such as the UBS Warburg downgrade of today. The drop in price target from $45 to $17 is quite severe. As you point out, a lot of losses this week, but no apparent panic. <<These weekly losses are really adding up but there still is no sense of real panic.>> I certainly hope we get a "reversal" day next week. A lot of "blind" selling, a lot of volume, and a "recovery" before the close of trading. Don

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