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


To: Donald Wennerstrom who wrote (12960)1/8/2004 8:37:50 PM
From: Donald Wennerstrom  Respond to of 95566
 
More good news from Tokyo tonight - they liked the action in the US markets today.

cbs.marketwatch.com

<<Tokyo stocks jump on bullish technology picture By Allen Wan

TOKYO (CBS.MW) -- Tokyo stocks jumped in early trade Friday as the Nasdaq's rally fueled gains for technology shares and the stable dollar/yen helped spur a recovery for export-oriented issues. The Nikkei Average rose 94 points, or 0.9 percent, to 10,932.07, while the broader Topix climbed 5 points to 1,062. Besides the Nasdaq's 1.1 percent climb to fresh multi-year highs, the technology sector was being propelled by new product announcements and increased demand for electronics components. In the technology sector, Sony (SNE) gained 1.8 percent to 3,870 yen after unveiling a revamped Walkman that expands the recording capacity of its miniature discs. Sharp rose 0.6 percent to 1,788 yen after the electronics giant said it expect to double LCD sales to 1 trillion yen by 2006. Toshiba rose 2.6 percent to 441 yen. Auto stocks also recovered as the dollar steadied slightly above the 106-yen level. Toyota (TM) accelerated 1.4 percent to 3,670 yen and Honda (HMC) revved up 2.6 percent to 4,770 yen.>>

Futures are also up a little at this moment.

cme.com

We have come a long way in the last 5 trading days - tomorrow should be interesting again.

Don