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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 (11157)	8/23/2003 8:36:18 AM
From: Proud_Infidel	Read Replies (1) of 95632

Don, The last couple of weeks really remind me of the 1999/2000 area - nobody saw anything they didn't like back then and the same thing exists today You certainly didn't expect INTC to have a stellar earnings report and then the market to go up, did you? Using your 2000 example, AMAT's stock started heading down in March, and yet the AMAT the company was continuing to post record revenues and profits months later in the year, all the while heading down.....that turned out to be entirely rational. And many companies have gone absolutely nowhere during this rise(SUNW, JDSU). The best companies are rising in this market, the way it should have been in 99/2000. BK

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