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

To: Donald Wennerstrom who wrote (12358)	11/4/2003 6:28:59 PM
From: Return to Sender	Respond to of 95420

Don, as you may know I am short AMAT but from a strictly technical standpoint the stock could easily move much higher under the right set of circumstances. How do I know that? Well history dictates that these stocks can and do go into parabolic and eventually unsustainable rises. Just check out the long term monthly chart: stockcharts.com[h,a]maclyyay[d19960101,20031207][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G Now is such a rise fundamentally supported at this time? Heavens no! But at least AMAT is not some Internut pig sent flying on a rocket shot. There are hard assets. This is a great company. Still in good time even the stocks of the best companies must fall back to fair levels of valuation. Thus far earnings have been good this quarter. Outlooks have generally been good but not outstanding for the semi equipment stocks. So why are these stocks running higher so hard. In particular AMAT? Perhaps the market knows something this often burnt short seller does not; Like semi equipment sales are just about to rocket higher for AMAT? Time will tell but I hope everyone will continue to be more careful with their money than I am with mine. Best of luck to everyone with their investments! And once again... Lets stay on topic. RtS