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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?

To: scott_jiminez who wrote (4627)	12/6/2000 1:16:19 AM
From: scott_jiminez	Respond to of 5482

Another mention in Briefing.com today... --------------- (my emphasis) While many investors may be fretting that they've already missed out on the big move, Briefing.com contends that there is still plenty of upside room in many of the second tier companies, such as ...Novellus...Kulicke & Soffa [edited to show the only SEM stocks mentioned]. Many of the big sector leaders will also continue to run, as money that didn't come off the sidelines today will move to these names first... However, ongoing valuation concerns could limit (additional) upside potential in (these) stocks... -------- If we are going to rally now, the out-of-favor/second tier stocks will come on strong while the high-valuation growth stocks are going to lag. Also from Briefing: >>>Yesterday's surge was an important building block for a more sustained advance in the months to come... Can't underestimate the importance of the shift in Fed tone...Also encouraged by the drop in oil prices to a four-month low (one factor which will make it easier on Fed to lower rates early next year) and below key support at $30.20...<<< (Regarding my earlier post about a short squeeze: I would imagine it's difficult to confirm a squeeze as it occurs. Howerver, there's a level of extremism in numerous negative posts appearing this evening on the Yahoo thread suggesting, when this comes on a such a positive day, that some individuals are already feeling the squeeze.)