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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 (6474)10/27/2002 12:10:29 PM
From: Return to Sender  Read Replies (1) of 95531
 
OT: I think you can see the same characteristics in SFNT that showed up in SYMC when Lemonhead asked me about it about three week ago. The company is outperforming earnings expectations due to a continued strong product offering at a time when Internet viruses are posing high risk levels.

You can see here looking at these charts that SFNT and SYMC have been two of the best performers in this group:

finance.yahoo.com

equitytrader.com

The chart momentum looks strong so SFNT could continue to rise up to around 23 possibly if the market (NASDAQ) remains strong.

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10][vc60][iUb14!Uk14!La12,26,9]&pref=G

Everyone needs to realize though that the market is already at, or very nearly at, a decision point. Are we seeing a double bottom ready to breakout to the upside? Or are we seeing another head and shoulders formation ready to break down to new lows?

amateur-investors.com

RtS
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