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Technology Stocks : Semi Equipment Analysis

SOXX 346.30

-4.1%

Jan 30 4:00 PM EST

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To: Donald Wennerstrom who wrote (14414)	4/12/2004 12:07:48 PM
From: Return to Sender	Read Replies (2) of 95823

Don, the trouble with PEG's is that it is a forward looking metric based on expectations that may never be achieved. The Dow Theory has been proven correct on a historical basis over a much longer period of time than the short term correctness of the PEG's that you shown projected. Overall though good enough earnings and outlooks could win the day for the bullish camp. If that happens though then the Dow Transports should make a new high as well. RtS

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