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Technology Stocks : Semi Equipment Analysis

SOXX 288.52

-0.3%

Nov 14 4:00 PM EST

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To: Sarmad Y. Hermiz who wrote (12369)	11/5/2003 4:42:30 PM
From: Donald Wennerstrom	Read Replies (1) of 95420

Sarmad, we have good news tonight - CSCO and QCOM have good reports - both are up substantially in after hours trading. With a good "kick start" like those reports, maybe we hit 2000 on the NASDAQ tomorrow - just as you thought in an earlier post, this may be the week for the 2000 number to be obtained. <<My funds are still 100% invested. I am expecting to sell all when nasdaq reaches 2050 or maybe a little lower. I think that will be a fairly difficult level to breach. Being a multi-year high. I really don't expect your "tongue-in-cheek" level of 2300 to be reached soon. Maybe in a year.>> Whether we stop going up at 2050 or 2300 is unknown at this time, but wherever the peak is, I think it will be after the first of the year - how much further after the first of the year is probably highly dependent on Fed actions in the future - right now they have the "pedal to the metal" with a "promise" of no "braking" for quite some time;-) Don

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