>>Kurlak NAILED that bottom.<<
You are right, he may have called this bottom.
I think the point was that he also called a bottom in July of 2001. Then, he called another bottom at the end of October 2002. This one stuck. Why are you not acknowledging the 60% plunge from his 2001 call to his 2002 call. He also says in 2002 that he has been out of semi's for a year in a half when just 15 months earlier he was a buyer.
>>Let’s rewind to July 23rd of 2001 to a similar article by Kurlak entitled “The Semis Have Already Bottomed.” He begins “Let's go out on a limb and make a forecast. The semiconductor recovery has already started, and by the fourth quarter, analysts will be confirming it.” He then cites a small pickup in orders and a blip in the PC market, etc and concludes with “So don't miss the next train. It's in the station, but the good seats are filling up. And remember to go first-class. That means names such as Intel (INTC), Texas Instruments (TXN), Analog Devices (ADI), and Linear Technology (LLTC).”<<<
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