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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: figanin who wrote (485)	4/26/2001 7:42:18 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95765

Excellent! That is just exactly what I was seeing on Big Charts. The SOX moves with the NASDAQ but the gains are virtually double what is seen by the NASDAQ itself. I'm checking some of the other major indexes for comparative analysis. Looks like the Biotech index has done extremely well even with recent profit taking this last couple of years but I am trying to track some trends to determine when we will see improvement in both the NASDAQ and Semiconductors in general. It's interesting to see that no other index follows the NASDAQ more directly than the SOX. Gaining more in good times and losing more on a percentage basis when the stocks sell off. Here is the rest of what I found. First Biotech has performed much better than I imagined: finance.yahoo.com The Brokerage Index is showing some improvement with lower interest rates currently putting it above the NASDAQ: finance.yahoo.com Chemicals also have crossed above the NASDAQ. Cyclical in nature this could help make a case for the bottom having already been seen on the NASDAQ. finance.yahoo.com The Amex Consumer Index might also be proof we have seen the bottom because it is above the NASDAQ now too: finance.yahoo.com^IXIC&d=c&k=c1&c=^CMR&a=v&p=s&t=5y&l=on&z=m&q=l Also the S&P Financial Index: finance.yahoo.com Retailing stocks are also above the oversold (on a long term basis) NASDAQ. Retail stocks often are early advancers as economic conditions improve with lowered interest rates: finance.yahoo.com My conclusion is simple. It's not time to buy the Semiconductors yet but it will be soon. One more sell off and not being invested here would be foolish indeed. I don't want to miss out on this sector when fundamentals are actually improving. Other sectors of the economy are already pointing to an economic recovery in my opinion.Still the more I look the less sure I am that these charts prove anything other than the SOX moves in tandem with the NASDAQ. Finally, I love Big Charts but you can't beat Yahoo for the breath of information. One more time on the SOX vs NASDAQ: finance.yahoo.com Thanks, RtS

To: figanin who wrote (485)	4/27/2001 4:34:21 PM
From: Return to Sender	Respond to of 95765

Interesting viewpoint on TER. This is one of the companies that previously announced a share buyback. Close to the upper end of its recent trading range it may sell off again: EXCERPT: Paul Rabbitt: It's Time to Sell Teradyne Friday April 27, 3:41 pm Eastern Time biz.yahoo.com Mr. Rabbitt questions the valuation of the company based on lowered earnings guidance. This is something we are seeing throughout the semiconductor if not the technology sector in general. Can anyone give me a stock that is moving guidance higher in the semiconductor industry? P/E's are already at pretty reasonable valuations if you ask me. It's the fear that those P/E's will rise as earnings slow that make me believe we have at least one more round of profit taking throughout the industry. Looks like Donald answered my question: Message 15727338 Thanks, RtS