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

To: SpecialK who wrote (8780)	2/25/2003 2:58:07 PM
From: Kirk ©	Respond to of 95640

I think VIX is worth watching, but Price is the best measure of risk. A stock that has just gone up has a good chance to come back down if it was found to be a rumor or over exuberance or short covering. Also, you can lose $100 on a $100 stock but only $1 on a $1 stock. This is simplistic (and thus full of holes that I won't even try to cover) but it is true that the Nasdaq at $5000 had far more risk in it than it does now at $1315 nomatter what the VIX reading. FWIW department. <BG> Kirk