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

To: Gottfried who wrote (11026)	8/17/2003 3:43:17 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95936

Gottfried, I think what StockCharts.com refers to is the perfect set up for a positive continuation out of a cup and handle pattern. What is confusing to me is does a stock have to show positive momentum going higher before forming a cup and handle to be a true cup and handle? Amateur Investor must not think so. Look at their example this week LIOX at the bottom of the write up: amateur-investors.com I know what you are going to say because you have said it before about Amateur Investor... They see cup and handles everywhere. Maybe they do. Maybe they don't. Maybe they just don't think any chart has to be the perfect example to discuss the possibility of it being a cup and handle? I just don't know. We have an interesting week coming up. The market has been doing well on declining volume. This is potentially bearish. It is also potentially bearish that we have not set any new highs. Breakout or breakdown ahead? I vote for at least a brief period of further consolidation based on my technical read. Of course my cup and handle is only half full! <gg> Any and all opinions on cup and handles and the market in general are welcome. RtS

To: Gottfried who wrote (11026)	8/17/2003 6:07:47 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95936

AMD Cheap Based on New Chips - Barron's Sunday August 17, 2:34 pm ET biz.yahoo.com NEW YORK (Reuters) - Shares of microprocessor maker Advanced Micro Devices Inc. (NYSE:AMD - News) may be poised to rise given the success of its new chips, Barron's reported on Sunday, noting that influential technology strategist Fred Hickey has been buying the stock. The weekly financial newspaper also said that Sunnyvale, California-based AMD, a distant second to No. 1 microprocessor maker Intel Corp. (NasdaqNM:INTC - News), is looking for ways to raise money, including a possible common-stock offering. AMD's products are "the buzz of the industry" and its new Opteron chip is getting rave reviews, threatening Intel's hold on computer servers and workstations, according to Barron's. Hickey, who published the High-Tech Strategist newsletter, believes Sun Microsystems Inc. (NasdaqNM:SUNW - News) will likely use Opterons in a line of servers. He also expects Hewlett-Packard Co. (NYSE:HPQ - News) to use AMD's desktop and notebook computer processor, according to Barron's. Shares of AMD "look awfully" cheap compared to Intel, Barron's said. I went back and looked at a longer term chart of LIOX and it looks like it does qualify as a real cup and handle by the standards put forth by StockCharts.com. Keep pounding this stuff at me Gottfried. Eventually even I will learn something. RtS