Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 285.23

-3.7%

Dec 17 4:00 PM EST

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To: Gottfried who wrote (40685)	10/8/2008 1:44:23 PM
From: The Ox	Read Replies (3) of 95597

One example, ACLS They turned down a $6 offer as too cheap. Today they traded under a buck!!! Yes, they probably aren't worth $6/share in this environment but under a $1?? Still, no one is buying the stock! If you feel like buying, I'd add AMAT, INTC or one of the bigger players at some point. I think we'll have to see the largest caps moving first and then, eventually, the rest of the market will come with them. Way, way too early to call this the bottom, imo. It could be but there absolutely no way we can say that yet. My bet is that we get more of a flush but that's totally a guess. Be careful out there!! jmo TO

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