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Technology Stocks : Brocade Communications Systems,Inc. (Nasdaq-BRCD)
BRCD 12.730.0%Nov 20 4:00 PM EST

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To: E_K_S who wrote (1541)4/30/2004 12:16:25 PM
From: Lizzie Tudor  Read Replies (1) of 1583
 
analysts on CNBC are saying this is the semi cycle peak, right now. (to that I say whoopie, is this it?) Anyway Applied Materials peaked in the high 20s in mid-02 and then bottomed in the 10 range at the absolute mkt bottom in Oct 02, then a rally back to mid 20s and down again. We got very little from a stock price perspective peak to trough this semi cycle. I am hoping this was due to the naz bear during the period. Buying a semi "blood in the streets" period should deliver AT LEAST a 3-bagger.
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