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

To: Jacob Snyder who wrote (53576)	9/5/2011 11:03:45 PM
From: Return to Sender	3 Recommendations Respond to of 95541

Jacob, MU is not likely to go bankrupt any time soon. It has both INTC and the US Government looking after it. MU has offered numerous compelling opportunities for both long and shorts over the last ten years but the 2009 bottom was a really good one. I would not invest in MU now as a long. I would not consider holding any stock long term even if it was paying a huge dividend after what I have seen happen in the market over the last 12 years. But if MU gets cheap enough the only thing that would keep me from buying is that there are only so many great opportunities at cycle bottoms. All stocks are susceptible to cyclical factors, especially recessions. They often act very much the same just as MU and KLIC did when they bottomed in 2009. Where are they now? Where are they headed? I think we can form an educated guess. KLIC is a perfect example of a stock that bottomed well after capitulation in 2009 under very limited accumulation. It did not take much volume for there to be a higher volume up month than the final month of selling in early 2009. That's what I like to see at a real bottom. So far too much volume in the market. RtS