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Technology Stocks : Semi Equipment Analysis

SOXX 304.92

-0.1%

Dec 30 4:00 PM EST

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To: Donald Wennerstrom who wrote (17644)	8/5/2004 2:33:35 PM
From: michael97123	Read Replies (2) of 95652

"Apparently, the projected view of a cyclical retrenchment for 2005 still holds sway for the semi-equip group. I don't know what it is going to take to change that perception." New Years Day? but by then they will be fearful of the 2006 cyclical retrenchment.

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