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Technology Stocks : Semi Equipment Analysis

SOXX 306.14

+0.4%

Dec 24 4:00 PM EST

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To: Donald Wennerstrom who wrote (11155)	8/22/2003 9:42:45 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 95632

>> Concensus: Everything is looking good! Onward and Upward Don, are you participating in the push onward and upward, or are you on the sidelines watching with bemusement ? As usual my accounts are nearly 100% committed to tech stocks. Regarding near future price movement. I have no doubt that the July quarterly reports were in the positive direction. And that the sell-off on positive news was a non-optimal response from negativistic traders. I also have no doubt that October reports will again be in the positive direction. Meaning higher revenues and profits. But as an added bonus, will also coincide with positive labor reports. It is likely that Sept may be sideways or down because of the fear of warnings. But when October arrives, and people's fears are not realized, then we rally for 3 to 4 months. Nasdaq 2,000, Dow 10,000. Sarmad

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