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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (18467)	1/16/2004 7:01:37 PM
From: jeffbas	Read Replies (2) \| Respond to of 78697

Paul, feeling a little better about where you added more to your SEMI position :-) Quite a long time ago, when the stock market was not so rosy, I said that it would get to $8-10 and possibly $10-15. If you look at a long term chart, it exceeded $10 in every upswing in the last dozen years. The stunning semiconductor industry forecasts that I have seen recently are calling for 33% or even 40% sales growth next year; and the stock market is much stronger. It is conceivable the stock could see the all-time high of $24+, but I am not predicting that now.