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Technology Stocks : Semi Equipment Analysis

SOXX 305.32

-0.2%

4:00 PM EST

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To: Donald Wennerstrom who wrote (39853)	8/11/2008 12:23:08 PM
From: Donald Wennerstrom	Read Replies (1) of 95645

Amazon.com, chips lead sector rally 12:18 PM ET 8/11/08 \| Marketwatch SAN FRANCISCO (MarketWatch) -- Amazon.com and chip-making companies led a technology sector rally midday Monday, helping reverse early morning losses. Amazon (AMZN) was ahead 10% in mid-session action, helping the Nasdaq Composite Index (COMP) pull ahead by more than 1%. Chip companies, led by Broadcom Corp. (BRCM), SanDisk Corp. (SNDK) and Nvidia Corp. (NVDA), also advanced, pushing the Philadelphia Semiconductor Index $SOX to gain 2%. The Morgan Stanley High Tech 35 Index (MSH) was ahead 1.2%. The Dow Jones Industrial Average (DJIA) was up 45 points as crude oil futures fell below $114 per barrel in New York trade to their lowest level since May. Other major tech issues were in the red, including Yahoo Inc. (YHOO) and Oracle Corp. (ORCL) and IBM Corp. (IBM)

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