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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (33374)	7/18/2001 10:50:16 AM
From: Clint E.	Read Replies (1) \| Respond to of 71004

Jim, we haven't heard or read anything positive in that sector for a long time and prospects of recovery is at least a year away. Money has left that sector for a long-time and if it is coming back, it would be coming back slowly which means a Large-cap stock like JDS is difficult to move. I would stay away. Speaking of money leaving stocks, that's what is happening to the storage sector right now. Remember, I was saying that EMC looks like GLW and JDSU. I expect stocks such as EMLX to break short-term support. We could see EMLX in the low 20s this month.

To: j g cordes who wrote (33374)	7/18/2001 11:50:04 AM
From: Return to Sender	Respond to of 71004

The closing of facilities is one of the necessary steps to set up a recovery in the semiconductor industry. There is too little demand and too much supply. Supply will now be more limited and pricing will begin to firm. Evidence of a recovery is already being seen by wireless communications chip makers. This is something that Keith (Lemonhead) has already noted. These stocks may be worthy of our consideration as both long term and short term trading vehicles on any pullbacks ANAD PWAV RFMD SAWS TQNT: finance.yahoo.com RtS