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

To: JSLyons who wrote (3573)	6/20/2002 10:59:12 AM
From: Return to Sender	Read Replies (1) \| Respond to of 95530

I am expecting a test of the 52 week low for the SOX and a spike of the VIX above 50 before I would buy anything. Strictly speaking sticking with 52 week lows is not a bad idea for any of the stocks on this list although many may not make it that low. Some will go below these prices IMHO. AMAT - Potential target 15.67 - 52 week low is 13.295 ALTR - Potential target 14.97 - 52 week low is 14.67 IDTI - Potential target 18.17 - 52 week low is 17.16 INTC - Is a buy now IMO 20.21 - 52 week low is 18.96 JBL - Potential target 14.90 - 52 week low is 14.76 MU - Potential target 16.50 - 52 week low is 16.39 TXN - Potential target 21.68 - 52 week low is 20.10 XLNX - Is a buy now IMO 24.46 - 52 week low is 19.52 finance.yahoo.com^SOXX+^VIX&d=t Check all potential buys on the same monthly chart: stockcharts.com[l,a]mhcaniay[d19950101,20020620][pc20!d20,2][vc60][iUe12,26,9!Lc20!La12,26,9!Lo14]&pref=G There are other semiconductor and semi related stocks that will no doubt outperform this group from the bottom but all these stocks have lots of institutional support. RtS

To: JSLyons who wrote (3573)	6/22/2002 2:25:14 PM
From: Return to Sender	Read Replies (3) \| Respond to of 95530

Adjusting my wish list downward. Why? Despite the continued selling we have not hit panic levels. Support levels for the individual stocks are falling away. Hard to believe but my RSI reading for semiconductor stocks is actually improving rather than falling with the SOX. In other words this current selling must accelerate for a true bottom to be put in. We will have a tradable rally soon where all stocks will briefly rise but I doubt the September lows will hold for the SOX now after that happens. As I said before I am expecting a test of the 52 week low for the SOX and a spike of the VIX above 50 before I would buy anything. Strictly speaking sticking with 52 week lows is not a bad idea for any of the stocks on this list but we are now getting some breaking even lower so I am adjusting my targets with longer term monthly charts. AMAT - Potential target 13.30 - 52 week low is 13.295 ALTR - Potential target 10.57 - 52 week low is 13.68 IDTI - Potential target 15.50 - 52 week low is 17.16 INTC - Potential target 16.38 - 52 week low is 18.40 JBL - Potential target 14.68 - 52 week low is 14.00 MU - Potential target 16.39 - 52 week low is 16.39 TXN - Potential target 21.68 - 52 week low is 20.10 XLNX - Potential target 14.62 - 52 week low is 19.52 finance.yahoo.com^SOXX+^VIX&d=t I know some will see these prices as outrageously low but in fact they may be attainable in today's market environment in the days to come. This is the chart I used to pick my updated entry points: stockcharts.com[l,a]mhclyiay[d19950101,20020622][pb50!b200!d20,2!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G RtS