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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (69642)7/19/2004 11:09:08 PM
From: Skeet Shipman  Read Replies (1) of 94695
 
Hi Bill,

We are not alone in thinking in the short term we go higher from here.
WR Hambrecht issued a note suggesting "a rally in the semi-conductor sector may be imminent as most stocks have fallen to attractive valuations and investor sentiment towards the group has become quite cautious." The firm likes the fundamentals for the industry. "After meeting with numerous managements at Semicon West, we agree with the view that while the current order sluggishness may continue through the summer, renewed order strength is likely in the fourth quarter and early 2005. "

Skeet
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