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Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST

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To: Donald Wennerstrom who wrote (11683)9/18/2003 3:55:56 PM
From: Donald Wennerstrom  Read Replies (1) of 95546
 
Just an afternoon update from Briefing.com on today's market action.

<14:00 ET Dow +99, Nasdaq +20, S&P +12.31: [BRIEFING.COM] Trading screens remain awash in green as the market's seemingly unstoppable upward momentum continues to draw more buyers in... Although Briefing.com remains solidly bullish for long-term investors, we continue to recommend investors with a short-term time horizon exercise caution at current levels... Technology has fueled the recent uptick, and although leading companies such as Intel (INTC 28.95 +0.07) and Dell (DELL 38.84 +0.26) have shown noteworthy growth, the rest of the pack has not exhibited a meaningful turn in business... With the September quarter warnings season in high gear, we would look for technology - in particular - to be vulnerable to sharp price corrections... NYSE Adv/Dec 2008/1128.>

Don
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