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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: robert b furman who wrote (1855)10/12/2007 8:10:02 AM
From: robert b furman  Read Replies (1) of 1929
 
Price range of $4.23 in one day.

Somewhere in there lies a lot of opportunity - caution must be of the most nimble type.

Sigh - I perhaps am the antichrist.

ADX crossover is getting closer suggests several days yet though.

Macd has not reversed and is about as low as it gets - nothing says it can't stay that way a while.

Interesting that yesterday and 10/04 both had the same low @ 45.88.

That looks like a support level that just has to be marginally violated.

That gets us to the price gap that Dick Weigel so brilliantly pointed out @ 45.00.A gap up on 08/17 ocurred when the 16th had a high of 44.83 and the 17th had a low of 45.56.

Any one happen to think the MM want to get their shares back in inventory that the options expiry of the last 2 months denied them?

I have much too much larceny in my suspicious mind to not expect that this will be sought after.

It would scare out weak holders,refill the MM inventory after those 45 calls pulled out some stock.

It would occur just before earnings and if they are much like Lam's that would be steady as she goes and market share gains for future 65 nm and 45 nm leading edge technology put us in good shape to continue making money.

For those who've not read Lrcx's transcript - Etch has graciously provided a link:http://seekingalpha.com/article/49540-lam-research-f1q08-qtr-end-9-23-07-earnings-call-transcript

Expecting a 20% rise in logic in 08 after every slow expenditures in 07.

IS it just me or is awaiting the benefits of Vista taking more than forever?

Bob
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