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

To: Donald Wennerstrom who wrote (31535)	7/18/2006 11:18:01 AM
From: Return to Sender	Read Replies (1) \| Respond to of 95622

WALL STREET WOES pbs.org August 27, 1998 The NewsHour with Jim Lehrer Transcript The worsening economic situation in Russia triggered a massive sell-off on Wall Street today. The Dow Jones Industrial Average fell 357 points, its third largest point drop ever. Following a background report, Jim Lehrer and guests discuss the reasons behind the stock market's plunge Don, the media will always find lots of reasons for a market drop but I assure you the "Russian Crisis" was a huge factor blamed for rising volatility in 1998. In addition most layoffs these days are met with rising stock prices as investors welcome the thought of lowered costs to the employer. RtS

To: Donald Wennerstrom who wrote (31535)	7/18/2006 1:09:57 PM
From: The Ox	Read Replies (1) \| Respond to of 95622

The playing field is very different for semis now versus 1998. In 1998, commodities like oil were near a bottom. Gold was relatively out of favor. So once the market turned up for semi's, the big money poured into the sector and never stopped until the bubble burst in 2000. These days, there are so many sectors that, on the surface, are much more appealing to the investor then the semi industry. So that while we have improving fundies in 2006, the sentiment for the semi sector continues to get worse.

To: Donald Wennerstrom who wrote (31535)	7/20/2006 1:57:25 AM
From: etchmeister	Respond to of 95622

Etch, As usual in 1998, many factors affected the stock market and caused it to go down. The article you posted is very interesting, and IMO reflects the "poor" economic situation during 1998 that was a big contributor in causing a market bottom on 8 Oct. I'm not sure how to put it but in case you do follow these stocks - in particular semis - I would expect you to know better - that was a sharp downturn for semis - the chart only shows the numbers but it does not explain why. Why, why, why? The chart is useless unless you know why and if you know why you don't need the chart. Major Asian capex spenders put their CAPEX on hold indefineately - LRCX @ 96 cents - LMAO