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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (50220)7/2/2004 11:47:23 AM
From: Nancy  Read Replies (1) | Respond to of 52237
 
the picture is telling us, market no longer pays a high prem on the sales, because market finally wises up - this is a cyclical biz, and given the more advanced technology and better control of fab build-out costs, the orders will come in gradual batches instead of a big spur.

the take away is one cannot treat semi stocks like in the past based on this pix and insist market is wrong. (multiple contraction)