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

To: robert b furman who wrote (6304)	10/19/2002 12:02:39 PM
From: michael97123	Read Replies (1) \| Respond to of 95480

Perhaps a contrary view from zeev on ihub. I would be interested in comments by all here on this Q&A. QUESTIONPosted by: marvin1946 In reply to: Zeev Hed who wrote msg# 36622 Date:10/19/2002 11:01:10 AM Post #of 36668 Zeev, For individual Sox stocks we want to own, would it be a good idea to put buy limit orders in halfway between current prices and yearly lows? Does the 50% pullback target(you anticipate) apply to the equips as well as the chips? Would stops be appropriate if sox went below 50% retracement? marv ANSWERPosted by: Zeev Hed In reply to: marvin1946 who wrote msg# 36658 Date:10/19/2002 11:12:57 AM Post #of 36668 The question should be why would you want to "own" SOX stocks for LTBH. I think they'll come and bite you back even if we have a massive rally. I can't give you a general recipe, since some may hit new lows on the next retrenchment (candidates, INTC, AMD, VECO, NEWP, BRKS and even AMAT, and who knows, maybe even mighty KLAC if they want to use their earnings report next week to shave some 20% to 25% from it. In any event, always use stops, don't change your investment/trading philosophy, too often. Zeev

To: robert b furman who wrote (6304)	10/19/2002 9:40:33 PM
From: michael97123	Read Replies (1) \| Respond to of 95480

One word of caution Bob and i hope it doesnt get worse. For one large bank client of mine, my proposal would save them roughly 250K/month for a superior product in the sense that it suits their needs better. They are in the middle of reorgs and a conversion of a decent size bank they recently bought. They just cant find the manpower internally to do the minimal amount of work necessary to save the 250k/month. Total internal cost for them, perhaps 50k and i am not charging a setup. Is this unique do you think or symptomatic of what the layoffs have brought us. Soon with my firms next round of layoff, we will have difficulty in meeting time lines for customers like this. This cycle worries me. mike