Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 292.04

+2.4%

4:00 PM EST

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To: michael97123 who wrote (15290)	5/20/2004 11:22:04 PM
From: Donald Wennerstrom	Read Replies (2) of 95610

Let's say, "the SEMI report was a good first step to getting better stock prices". The market can't find anything it likes recently, but there will come a point, if Bookings keep improving, the "doubters" will have their doubts overcome and higher prices will result. This SEMI report was for April - AMAT, on Tuesday, said they expect Bookings to increase during the next quarter - that essentially means that for the next 3 months, Bookings will continue on their upward path. Let's hope for some good response tomorrow. However, as RtS has pointed out quite often, this market isn't going to go anywhere until the institutions come back in and start heavy buying. Don

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