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Re: gottfried post# 286636

Friday, 08/20/2004 6:37:10 AM

Friday, August 20, 2004 6:37:10 AM

Post# of 704019
gottfried,

Overall, your chart suggests we are only in the middle of what is likely to be a prolonged cycle, whereas the stocks seem to discount something worse. However, I don't think the near-term news from the device companies (like INTC etc.) will be especially good.

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