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Technology Stocks : Semi Equipment Analysis

SOXX 337.35

-1.5%

Jan 20 4:00 PM EST

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To: Gottfried who wrote (13022)	1/13/2004 10:53:06 PM
From: Donald Wennerstrom	Read Replies (1) of 95743

Gottfried, Maybe I have it wrong, but I would say the last BC happened on 15 December for AMAT. Then for 2 more days it went down some more, and then turned around and went "up" until today. Actually, 12/31 and 1/2 should also be considered "down" days as well, but the point is - from 12/15, when AMAT closed at 21.63, the stock has gone up to the close yesterday at 24.63, a gain of 14 percent. Today of course wasn't very pretty, down over 3 percent, but it may not be the end of the up turn yet. I still think earnings results over the next few days will determine market direction, including AMAT. FWIW. Don

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