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


To: Gottfried who wrote (28099)1/22/2006 10:41:20 PM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 95572
 
Gottfried, Seagate has come very far, very fast. It certainly is in the realm of possibility for some pullback. On these fast movers it is very hard to tell when to get on board. Unfortunately, as so often happens with a breakout stock like STX, even with further upside the big gains are lost by not getting in early. On the other hand, it is nice to be following a stock that has a strong base, and an expanding market.

In addition to STX, I have been looking at INTC very closely. It has really taken a hit in the last few days. From the first of Dec it is down about 25 percent. So far, it has not "bounced" from its downward movement as a result of their earnings announcement. It closed Friday at its lowest value since Oct 05. I would expect a recovery to begin at some point - maybe sooner than later.

Don