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

To: Return to Sender who wrote (18011)	8/11/2004 10:36:49 PM
From: Gottfried	Read Replies (3) \| Respond to of 95697

as posted on AMAT thread: here's what I think happened [annotated chart] home.comcast.net Now what? Some day the orders cycle will top and price will fall. How far? Rather than using FA measures like PS or PB I like to look at previous lows and assume those will not be broken downward. That would give us around $10-11. But when and how? I have little confidence in the past as a guide. stockcharts.com[e,a]dalaniay[d19950811,20040811][pf][vc60]&pref=G Note that for the 3 cycles on the above line chart the 2nd and 3rd lows are about 2x the previous low. Gottfried