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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: Return to Sender who wrote (14415)	4/12/2004 1:49:57 PM
From: robert b furman	Read Replies (2) of 95823

Hi RtS, I think a long term evolution that dissolve the transports impact is the rise in price and shortage of oil supply as economies recover. High energy prices are a given when demand rises (as in recovery). High energy directly impacts the profitability of the transport sector more directly than many. This imbalance over time is skewed more than other commodity prices because it is artificially controlled by a Cartel. I think this has been George Bush's greatest contribution to Global growth.His strong leadership has created a safer environment for drilling and discovery in Iraq,The old Russian Stan countries as well as many Northwestern African countries. To the degree these new growth spots create honest competition we'll be able to have a better unbridled global recovery. It is not popular to some - but we as Amerivcans need to get our head out of butts and develope our oil sand resources and Alaskan Oil resources. The greenies are against it, and I'll bet half of them don't even know what the Alyeska pipeline looks like or where it is located. Bob

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