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


To: Kirk © who wrote (11930)9/30/2003 6:35:58 PM
From: Return to Sender  Read Replies (1) | Respond to of 95383
 
Thanks for the insight Kirk. I believe MU has high hopes for a profitable quarter as well according to a friend of mine. When so called commodity chips are in enough demand to bring deep losses to profits then there certainly is a chance for higher stock prices ahead.

This does not discount in the least the fact that I believe share prices are ridiculously high on actual valuation levels. But with a presidential election on the horizon I think the focus will be on future job growth in conjunction with an economic recovery.

Share prices can still go up from here.

Maybe we will see another couple of bad weeks in the market. I just doubt it. A bottom is forming. This is not snowballing panic selling.

Question for you. Have you been buying back some of what you took profits on or are you still waiting?

Thanks, RtS