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To: Duane L. Olson who wrote (1501)7/5/2000 1:53:47 PM
From: country boy  Respond to of 4564
 
Hey DLO:

My semi's are getting creamed today and I'm scrambling to rethink everything. My first reaction is to buy today, but I'm watching support levels closely. I'll get back with you...



To: Duane L. Olson who wrote (1501)7/5/2000 2:50:16 PM
From: country boy  Read Replies (1) | Respond to of 4564
 
Hey DLO:

While I haven't yet read the details of the semi downgrade, I think it's either the most brilliant of calls, or the most stupid---no in-between. In general, a sector turns around not on one analyst's call, but on repeated poor earnings. There is no evidence of a slow down, no poor earnings yet, etc. The next three weeks should tell, and with good numbers (will be) backed by good foreward statements (think so), today will be seen as a "boy I should'a bought back when...

best,
cb



To: Duane L. Olson who wrote (1501)7/5/2000 2:51:19 PM
From: country boy  Respond to of 4564
 
Hey DLO:

While I haven't yet read the details of the semi downgrade, I think it's either the most brilliant of calls, or the most stupid---no in-between. In general, a sector turns around not on one analyst's call, but on repeated poor earnings. There is no evidence of a slow down, no poor earnings yet, etc. The next three weeks should tell, and with good numbers (will be) backed by good foreward statements (think so), today will be seen as a "boy I should'a bought back when...

Still, the semi's have led this advance, and unless they turn around ASAP, who will lead?
best,
cb