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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: The Ox who wrote (4652)8/6/2002 9:23:51 AM
From: orkrious  Read Replies (1) of 95530
 
We have to keep in mind the cyclical nature of this industry

you are exactly right, Michael, which is why these stocks are going to be priced more like cyclicals going forward, something like 1x sales, like they were in 1990.
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