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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 (6425)	10/23/2002 10:34:10 PM
From: robert b furman	of 95530

UH UH UH UH UH !!! That kind of bublology leads to optimism - and that can make you go blind !!ggg Actually it is about time for Mr.Market to fool all. In 98 October 8 th was the low - Cohu bottomed out on Oct 18 and most everybody wrote off Q4 98 - so the tax man couldn't take the precious cash they clung to. Q1 99 backlog popped and it never looked back. The fact that some great investors,have finally unwound some longs in the face of this unbelievable pop - which can't be justified by anything but hope - is perhaps the best sign that old lows will be the lows. I'm pretty much an expert at this, cause in the past -I've lightened up and started sleeping better, just in time to be cursing an uptrend myself.That's just the truth and I'm not real proud to admit it - but that is how it often times happens. Bob

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