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


To: LTK007 who wrote (1462)12/22/2001 12:57:39 PM
From: Return to Sender  Read Replies (1) | Respond to of 95390
 
On TQNT: 10.25 is critical support. If that breaks down then you could be right. 4 could be possible but then the stock would trade 25% below book value. It seems highly unlikely unless the SOX trades down to previous 52 week lows. That is also unlikely in my opinion. We have a half day on Monday with no company specific news. Session should be up for the SOX by about 1 1/2 to 2% in my opinion.

TQNT's bad news is already out there. Unless the SOX tanks again 10:25 has an excellent chance of holding for the stock. For all we know it may never be tested.

stockcharts.com[l,a]mhcaniay[d19950101,20011201][pc20!d20,2][vc60][iUe12,26,9!Lc20!La12,26,9!Lo14]

Time will tell.

RtS