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

To: Donald Wennerstrom who wrote (1588)	1/10/2002 11:11:27 AM
From: Return to Sender	Respond to of 95616

From Briefing.com: 8:59AM RF Micro Device (RFMD) 17.02: Hearing from sources that SoundView reiterates its STRONG BUY; says worries about an inventory overhang are overblown and checks of module subcontractors and GAAS wafer suppliers do not find any major changes. SoundView also defends broader wireless equipment group after recent declines, says checks with Cingular, Verizon, and AT&T Wireless reveal handset inventories at seasonally normalized levels; prefers NOK and ERICY to names with heavy CDMA exposure such as QCOM and MOT. 11:00AM : Limited buying interest thus far as investors, for the most part, remain in a profit taking mood... That inclination is attributed, in part, to valuation concerns heading into the Q4 earnings reporting period... Separately, sources tell Briefing.com that rumors are floating around that IBM (IBM -2.58) may issue a warning... Briefing.com would note that an IBM warning rumor is floated just about every quarter so take that claim with a grain of salt; nonetheless, talk of a potential IBM warning seems to be weighing on the market... PC, chip, and chip equipment stocks are acting as the main drag on the tech sector today... Nasdaq 100 -0.4%, Russell 2000 -0.2%, SOX -1.5%, NYSE Adv/Dec 1274/1512, Nasdaq Adv/Dec 1364/1628 10:00AM : A bit of a roller coaster start for the cash market as there has been little conviction on the part of buyers or sellers... The unsettling selloff that occurred late yesterday, valuation concerns, and a general sense of reserve ahead of Greenspan's speech tomorrow on the economy are among the restraining influences... Nonetheless, better than expected sales results from a number of retailers, combined with a better than expected initial claims report, has kept selling efforts in check as both are contributing to the view that the economy is on the road to recovery... Retail, gold, restaurant, and airline shares are among the winning standouts in the early-going...NYSE Adv/Dec 1218/1329, Nasdaq Adv/Dec 1238/1397 finance.yahoo.com Got another $984.00 back on AMAT. Shorted 2000 shares from 46.54 down to 46.04 where I covered. Dangerous game. I don't even recommend it for me. Some information on the technical situation: biz.yahoo.com RtS