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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (1490)7/3/2000 4:07:41 PM
From: Logain Ablar  Read Replies (2) | Respond to of 4564
 
Duane:

No I think the current weakness is the market pricing in a slowdown in the semi sector. Its not just LTXX. By the way LTXX had a great CC last quarter but the stock dropped from 36 to 22 in a few days. I think some of the funds were freeing up cash thinking most of the ride is over.

I think the latest SEC news is positive for the sector.

With concerns of chip sales slowing in the wireless area (look @ AHAA, RFMD, CNXT, etc. way off thier highs) maybe we are peaking now.

Tim