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Technology Stocks : Semi Equipment Analysis

SOXX 301.15

-1.2%

Dec 31 4:00 PM EST

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To: Gottfried who wrote (13473)	2/22/2004 7:57:39 PM
From: Donald Wennerstrom	Read Replies (2) of 95656

Gottfried, I agree with you 100 percent! I think we just started the upward cycle(in terms of Bookings) in the last quarter 0f 2003. I think we have a long way to go to reach the peak of this cycle. In the meantime, some of the "players" are going to have to adjust their thinking while this latest downturn plays out. How long is that going to take - who knows. Don

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