Semi Equipment Analysis Message Board

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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: The Ox who wrote (13131)	1/27/2004 10:53:19 AM
From: Return to Sender	Read Replies (1) of 95743

Another excellent post Michael. I'm not suggesting that a large correction is necessary to allow profitable entries for stocks now. We will eventually get a bigger correction. But it will be tempting to buy stocks soon enough if they sell off a bit more. In fact I have already stated that I would be tempted to buy AMAT if it fell to 21.80 just a few days ago. So far the low on AMAT today was only 34 cents higher than that price. So lets wait and see how this plays out. But remember that analyst upgrades and earnings outlooks will continue to happen right up to the ultimate top for stocks in this industry. This remains a cyclical industry and regardless of how much higher we go from here 14 months of improving stock prices have already taken place. RtS

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