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Technology Stocks : FSII - The Worst is Over?
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To: Kent Sarikaya who wrote (1949)5/26/1998 12:03:00 AM
From: Donald Wennerstrom   of 2754
 
Kent,

That is what I think is going to happen for the next several months -
the semi equips will "bounce along" establishing a bottom until the
perception of better times lets the group break out. This week will
probably see an increase in the group average since there has been
4 down weeks in a row. An updated history of weekly closes since
4/25/97 is shown below.



WEEKLY CUM
CLOSING SUM PERCENT PERCENT
PRICE CLOSING GAIN/ GAIN/
DATE PRICES LOSS LOSS
04/25/97 760
06/06/97 955 26 26
06/13/97 954 0 26
06/20/97 989 4 30
06/27/97 1009 2 33
07/04/97 1055 5 39
07/11/97 1136 8 49
07/18/97 1143 1 50
07/25/97 1199 5 58
08/01/97 1201 0 58
08/08/97 1284 7 69
08/15/97 1302 1 71
08/22/97 1432 10 88
08/29/97 1428 0 88
09/05/97 1461 2 92
09/12/97 1448 0 91
09/19/97 1460 1 92
09/26/97 1436 -2 89
10/03/97 1452 1 91
10/10/97 1452 0 91
10/17/97 1252 -14 65
10/24/97 1095 -13 44
10/31/97 1034 -6 36
11/07/97 1063 3 40
11/14/97 1006 -5 32
11/21/97 1023 2 35
11/28/97 962 -6 27
12/05/97 951 -1 25
12/12/97 767 -19 1
12/19/97 813 6 7
12/26/97 797 -2 5
01/02/98 843 6 11
01/09/98 759 -10 0
01/16/98 796 5 5
01/23/98 808 2 6
01/30/98 829 3 9
02/06/98 927 12 22
02/13/98 971 5 28
02/20/98 959 -1 26
02/27/98 1006 5 32
03/05/98 914 -9 20
03/13/98 903 -1 19
03/20/98 880 -3 16
03/27/98 908 3 19
04/03/98 947 4 25
04/10/98 900 -5 18
04/17/98 924 3 22
04/24/98 967 5 27
05/01/98 932 -4 23
05/08/98 913 -2 20
05/15/98 866 -5 14
05/22/98 805 -7 6
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