technical: short term double bottom bounce off of $16 with long term support traced back to $16 in early 2005. high volume selling in the 20s and high-teens over the last 6 months, making this a potential wash-out play.
market: SOX can go either way but indices seem poised to make new highs after minor pullbacks. Q4 rally looks to be promising and FOMC results erased the possibility of a pullback. however election period could increase volitility...
fundamentals: great company, in the right space, solid growth; option pricing "scandal" is a "normal" practice which will not significantly alter its financial performance
$16.88 (10/26/06)
