Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 306.04

0.0%

Dec 26 4:00 PM EST

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To: Donald Wennerstrom who wrote (17694)	8/6/2004 12:55:19 PM
From: Sarmad Y. Hermiz	Read Replies (2) of 95640

>> there was no way the market was going to be in the "green" today. Don, Actually, any positive addition to employment should be positive for business profits and finances. Including loan demand, etc.... I think the sell-off is not an over-reaction, but a reaction in the wrong direction. The only explanation is that sellers are expecting a recession. Otherwise, I don't see how an increase in employment and earned income can be bad for company profits. Sarmad

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