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Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

Dec 19 4:00 PM EST

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To: Donald Wennerstrom who wrote (15403)	5/25/2004 7:31:33 PM
From: BWAC	Read Replies (2) of 95616

<but some traders suggested that the downside risk in the market has declined.> Well of course that is an interesting concept. Downside risk is to zero (or 100% which last I checked doesn't change). The market and most stocks went up today. Further away from the downside risk. Seems that would increase downside risk in dollar terms to me. Unless of course the risk is just that the herd turns south again so soon. I'd go back to paying pimp style commissions if the broker/used car salesman would ever go on the record as defining downside risk at any level below 100%. And be responsible for being wrong. I think I am going to call my favorite broker, the one who puts 80 year old widows in fuel cell stocks, and have him explain risk to me again just for laughs. BTW (and More importantly) If NVLS does stink the show up with lowered orders, will it be seen as company specific? Is it possible that NVLS is behind in some area? Or that they caught the SFAM disease?

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