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

To: Zeev Hed who wrote (6631)	11/2/2002 9:55:00 PM
From: puborectalis	Respond to of 95520

Despite pressure, W. House backs Pitt But Bush doesn't mention embattled SEC chairman after newspaper says Pitt my be ousted. November 2, 2002: 3:51 PM EST BLOUNTVILLE, Tenn. (Reuters) - The White House expressed support Saturday for embattled Securities and Exchange Commission Chairman Harvey Pitt, brushing aside pressure from Democrats and some Republicans for his removal. "The president continues to have confidence in Harvey Pitt," White House spokesman Ari Fleischer told reporters.

To: Zeev Hed who wrote (6631)	11/3/2002 12:54:46 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95520

Zeev, Thanks for the post - it's good to get your assessment of the market situation at any time, and I hope you will have time to give the thread your insights whenever you can. Both the SOX and the NASDAQ "bottomed" on October 9th and during the past 17 trading days have gone up 46 and 22 percent respectively. In a similar situation, the "market" bottomed in 8 October 1998. During the first 17 trading days of the recovery, the SOX and NASDAQ were up 39 and 27 percent respectively - obviously very similar performance to what we are just experiencing presently. In 1988 there was no "pullback" before much greater gains were made. Both the SOX and NASDAQ continued(with very minor rest/pullbacks) to "power ahead" to the 1st of February 1999 where they hit 313 and 2510 for gains of 65 and 77 percent respectively. I have been wondering if the present upswing will be similar to the 1998 action and continue without interruption to much higher prices - or as you seem to feel, a pullback is in order prior to strong, more sustained upward movement. I would greatly appreciate any comments you care to make on the similarities or differences between the 2 periods and why this time we can expect a pullback prior to moving upward again. Don

To: Zeev Hed who wrote (6631)	12/21/2002 10:56:47 AM
From: Zeev Hed	Read Replies (3) \| Respond to of 95520

Unfortunately, I don't see the real McCoy I was hoping for in the post this post responds to. Yet, here with the Sox just under 300 again, I have a short term run of about 25% in the sox for about a month, depending on how that run evolves (and right now I expect it to once more lead to excesses, thus resulting after that in a major indigestion), the question of "real" McCoy or not might (or might not) be answered. I think that CCMP (here at about $38) and CYMI (around $31) might be relatively good vehicles to participate in that run. Zeev