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

To: michael97123 who wrote (12442)	11/9/2003 5:30:02 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 95420

Michael, Actually I think it is very healthy that selling is occurring at nearly every point up. The fact that the broad market is still on the up-trend despite the selling, means there are buyers, and that the upward re-valuation has solid support. Another thought occurs to me, which is that higher interest rates (up to 3-4%) will actually draw over-seas money into the US market, and possibly compensate for domestic money departing stocks for bonds. So for the moment, and maybe another month or two, I'll stay in greed mode. Sarmad