Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Cary Salsberg who wrote (3269)	5/24/2002 1:21:01 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95616

Gottfried and Cary. I agree and disagree with both of your posts. The May lows could hold. We could also rebound quickly with enough positive economic data but what if the data is not strong enough? Do you really expect that the semiconductor issues should continue to be selling at a premium to the rest of the technology stock market in general with no business led economic recovery in sight? Show me any other technology industry with its leaders still this far above the September lows. Oh there are a few stocks here and there but not selling this far above the lows as a group. That's why they are being targeted. That's why they will fall despite the real and measurable recovery data showing up in semiconductor industry data. The recovery is just too tepid so far. In addition the amount of institutional buying is not high enough throughout the NASDAQ in general. The SOX cannot hold up the entire market. Look at the sell off in biotech stocks besides BGEN today: finance.yahoo.com This market is going to fall further. When you see insider buying reappear it will be time to buy for the next up cycle. RtS