Friday, June 15, 2007

Semiconductors - is it real?


PSI is pennies from a 52 week high. What's the deal here? Fundamentals and earnings have been lukewarm at best...BUT, is this the case of stocks moving ahead of fundamentals?! Might be! Remember, equities in today's dollars should reflect what will become in 6 to 12 months. Stocks move ahead of fact. Check out PSI.

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