Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (13651)	3/1/2004 6:21:35 PM
From: Donald Wennerstrom	Read Replies (3) of 95558

RtS, That is my take on what is going on. One has to wonder if some of these analysts are making downgrades just to allow institutional investors another chance to buy shares lower than what they hope to sell them to us in the future. I have the definite feeling that many of the "entities" in the market made some bad calls early this year to "get out of the Market" - wait for a sizeable retrenchment, and then buy in again to "ride the new up cycle". I think JPM is one of those that blew it and they picked today to try to drive the market lower. Why pick on INTC is one thing I can't fathom. INTC has already had a 15 percent retrenchment from 8 January to last Friday's close. It would be one thing to possibly expect further loss if the economy was weak, sales were down, etc, etc, but not when we are clearly on the up slope of the curve. I don't claim to know how this week is going to turn out, but if the news continues in a positive manner, and if the employment report exceeds expectations on Friday, I think we have more upside to go. Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next