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Wednesday, April 12, 2006

Is Tech Healthy?

I would wait until AMD and Spansion (SPSN) report after the bell today to get a better gauge on how the technology companies are doing. AMD has become one of the better indicators for the technology sector. If AMD does blowout the quarter then you should see further price appreciation in Seagate (STX), Western Digital (WDC), Rackable Systems (RACK), and HP (HPQ).

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