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


To: Sam Citron who wrote (1637)1/14/2002 3:21:43 PM
From: scott_jiminez  Respond to of 95587
 
Sam - As I stated, CREE may one of the exceptional situations where a dramatic gap down doesn't portend future difficulties.

As one of the volume criteria I refer to when choosing new stocks, gap-behavior has functioned quite reliably to flag stocks. For example, a gap-up observation has recently brought me back into a penny stock (UNVC [UNVC.ob]), where, in this case, there was material news behind the spike. Thus far every indication is that the gap-based investing in UNVC has functioned consistent with my previous experience.

You are obviously more familiar with CREE than myself: since you clearly show the stock has a history of gap-like volatility (as do most stocks in this sector), and that CREE can recovery relatively quickly from down-gap behavior, perhaps there is a greater than normal likelihood CREE will come back soon. If you are confident that this is indeed the case, it would be incumbent of you to take advantage of CREE's blue-light special.

Best of luck with your investments.

Scott



To: Sam Citron who wrote (1637)1/14/2002 5:01:46 PM
From: scott_jiminez  Read Replies (1) | Respond to of 95587
 
Sam [somewhat OT]:

Just to show you that I too stick with stocks which display extremely depressing chart patterns, here's a post I just placed on the Hypertension Diagnostics (HDII) thread (http://www.siliconinvestor.com/readmsg.aspx?msgid=16907930).

The HDII chart looks horrific. However, like you and CREE, I am knowledgeable about this company and am comfortable with and confident of their future.

Regardless of a chart only a mama could love, I've no plans to sell HDII.

Best wishes,
Scott