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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: Stu E. who wrote (11046)	12/10/2000 11:12:53 PM
From: kha vu	Read Replies (1) \| Respond to of 11555

Hi. When the investors discard the bad news of INTC on Thursday nite, it is fairly accurate to assume that SOX hits the bottom. NSM will report earnigs this tuesday. NAZ could NOT be up unless the SOX sector is up. As of this minutes, NAZ futures hit the lock LIMIT -- We are soaring tomorrow on the 5-4 or 6-3 or 7-2 or 8-1 US SC decision to wrap up this Florida case.

To: Stu E. who wrote (11046)	12/13/2000 10:46:44 AM
From: Rob S.	Respond to of 11555

The SOX looks good for a potential rebound. Complicating the issue is that we are in the earnings warning period and so far the warnings from the semi and other tech sectors are worse than many expected imo. Despite that, the market is reacting as if a bottom has been reached: warnings from Intel, AMD and others have not caused further selling. The presidential contest is resolving itself and there may be some relief rally - but probably not much. The market is likely to focus on FED action toward interest rate reductions. I think that there are more downgrades and earnings revisions to be expected in the semi and other tech sectors. This is likely to effect IDTI. I expect them to report softening sales but to remain robust compared to semi sector. Because the "market" tends to look forward about six months, I think we are now near the inflection point. What clouds the picture is that companies cannot give firm guidance that far out. What I have heard is that most companies expect a rebound in growth during the second half of 2001. Inventory adjustments are expected to be completed by then and, hopefully, lower interest rates and a rebound in capex spending will kick the market into higher gear. At this point the market is primed for any good news about the key catalysts; interest rates and end user sales growth rates. Although bad news is mostly factored in, a worsening outlook can still turn matters for the worse. Rather than spend too much time trying to analyze these conflicting currents at this critical juncture, I encourage the use of technical analysis. Thanks for pointing out this site to the thread. "It's all in the charts."