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Technology Stocks : Semi Equipment Analysis

SOXX 298.01

-0.5%

Dec 15 4:00 PM EST

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To: Return to Sender who wrote (3772)	7/1/2002 9:04:16 PM
From: Donald Wennerstrom	Read Replies (3) of 95579

RtS, Thanks for the list - it is an easy way to find the 52 week lows. I still think tomorrow should be a real interesting day. Down in the morning with some recovery later in the day. This market reminds me so much of the period prior to the "reversal" day of 8 October 1998. It seems like it was just yesterday. The market was starting to recover - in many ways just like the present market - but no one was "listening". There was a drive to sell every day no matter what good news might be out there. The "market" was bound and determined that everything was going to hell in a handbasket and "sell" was the order of the day! The semi-equips at that time had much lower relative valuations than they do today, but never-the-less, they were hit hard for a quite long period. If anyone has studied that period around 8 October 1998, and determined what might have turned the market around on that day, please post your thoughts. I, and I'm sure many others, would be most interested. Don

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