Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 299.81

+2.7%

Dec 19 4:00 PM EST

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To: cluka who wrote (41288)	11/1/2008 8:07:40 PM
From: Donald Wennerstrom	Read Replies (1) of 95617

Yes the forward guidance for most of these companies is "pitiful". I have been keeping track of some of the forward looking statements, but before putting the entire picture together, I'll have to wait for the quarterly reports to finish which will take another 2 to 3 weeks. <<Only question I have is this the bottom? When 4th Qtr GDP figures come out will a new round of panic selling set in?>> Picking the absolute bottom is always a tough one. We may not be at the "absolute" bottom like those seen in 98 and 02, but we should be getting close. On the other hand, as pointed out previously, this past week was very strong to the upside. Depending on many factors that will come to light in the next few weeks, we may have seen the bottom. Let's hope so. Don

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