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


To: stox19 who wrote (1856)2/6/2002 11:37:35 AM
From: Return to Sender  Respond to of 95743
 
Yes wish I was not. No idea why it is getting hit so hard other than general market conditions and their own disappointing forecast. Ugly, sad.

RtS



To: stox19 who wrote (1856)2/6/2002 12:45:28 PM
From: Return to Sender  Read Replies (2) | Respond to of 95743
 
On CREE I guess like the stocks hitting new 52 week lows described by Briefing.com we are just seeing wholesale liquidation. No fund wants to admit to holding a loser so they are bailing with both hands leaving us little guys in the sinking ship.

Thing is I do not believe the ship will actually sink. Right now we have a great deal of fear in the market surrounding creative accounting. We also have the war against terrorism and a questionable recovery at hand.

The SOX looks like it wants to test 525 and perhaps 500 again before rising. Hope I am wrong. Looks like we are going to maybe bounce now for today. Ultimately the creative accounting question is probably worse than the terrorism.

We already have begun to live normally despite terrorism fears but how can we be sure there are not a few more Enron's out there?

RtS