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

To: Jess Beltz who wrote (15427)	5/26/2004 6:38:18 PM
From: Donald Wennerstrom	Respond to of 95616

A pretty good day today. <<MARKET: Techs & Biotechs Help Nasdaq Add to Tuesday Gain [delayed] Ridgeland, MS, MAY 26, 2004 (EventX/Knobias.com via COMTEX) -- The stock market was able to digest its triple digit gain, as well as several servings of weaker than expected economic news, and a national terror alert. Buoyed by a (1.4%) decline in crude oil, the Dow gave up just 8 points of yesterday's 157 point gain. The Nasdaq added 11.5 points to Tuesday's 41.7 point gain. Leading industries today included S&Ls (WM), Medical Supplies (BSX), Tobacco (MO), Factory Equipment (NDSN) and Autos (F). Biotechs and Pharmaceuticals, who just joined the May rally Tuesday, continued to move higher. The ten-year yield declined 5bp to 4.67%. * Economic News (+) Technology (+0.5%) (+) Semiconductors (SOX +0.6%) have quietly added to their Tuesday gains. (+) Intel (INTC +1%)closed near its best level of the session. (+) Semi Equipment: AMAT, KLAC, LRCX, NVLS, AMKR saw gains of 1-3%. (+) DRAM: Micon (MU +2%) was also higher. [snip]