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

To: Donald Wennerstrom who wrote (23065)	4/29/2005 1:25:23 PM
From: The Ox	Read Replies (3) \| Respond to of 95738

Clearly the market is suggesting that there is a lot more pain to be had in this sector. The analysts are in lock step on the sector and they continue to downgrade expectations on a weekly, if not daily basis. Why is it so hard for some of our thread's participants to understand this? I bought some MTSN this morning but I didn't have any illusions that my purchases were going to be quickly profitable. In fact, I haven't had a chance to watch the market this morning and I see that my buys are already 9% or more under water on light volume. I knew that I was spitting into the wind but I didn't expect the wind to be so strong. At the same time, this doesn't surprise me one bit. I still believe that the analysts are only focusing on the short term and because there is little forward visibility, they are dumping and downgrading. Anyone buying or being bullish on this sector should be very aware that they are selecting a sector that is out of favor and where all the trends are pointing south. jmo mh