I decided to post 1 more update from last week - ie, the
comparison to each individual stock's closing high for the
year 2000.  16 of the 33 stocks are down over 50 percent
from their highs.  This means, of course, they all have to
gain more than 100 percent from their present close on 
Friday JUST TO EQUAL their high for this year.

		                        HIGHEST		
		                         2000	8/4/00	
		                        CLOSE	CLOSE	PERCENT
SYMBOL	         COMPANY	        PRICE	PRICE	CHANGE
UTEK	Ultratech Stepper	        19.38	16.19	 -16
SVGI	Silicon Valley Group	        33.25	25.69	 -23
DPMI	Dupont Photomasks	        78.81	58.00	 -26
NANO	Nanometrics	                50.69	36.63	 -28
ASML	ASM Lithography Holdings	50.05	34.06	 -32
WFR	MEMC Electronic Materials	23.75	15.94	 -33
IMSC	Integrated Measurement Systems	24.06	16.06	 -33
NVLS	Novellus Systems *	        69.94	45.38	 -35
FSII	FSI International	        23.13	14.13	 -39
VECO	Veeco Instruments	       114.00	69.00	 -39
SFAM	SpeedFAM	                28.81	17.13	 -41
AMAT	Applied Materials *	       114.88	67.75	 -41
TGAL	Tegal	                         8.97	 5.19	 -42
CYMI	Cymer	                        65.25	37.69	 -42
CMOS	Credence Systems	        74.59	39.56	 -47
PHTN	Photon Dynamics	                90.38	46.38	 -49
SMTL	Semitool	                23.69	11.97	 -49
CFMT	CFM Technologies	        15.63	 7.63	 -51
PLAB	Photronics	                45.13	22.00	 -51
PRIA	Pri Automation	                87.63	41.19	 -53
TER	Teradyne *	               110.00	51.31	 -53
KLAC	KLA Instruments *	        97.44	45.00	 -54
BRKS	Brooks Automation	        89.69	40.00	 -55
LRCX	Lam Research	                55.56	23.75	 -57
EGLS	Electroglas	                43.44	18.00	 -59
GSNX	Gasonics	                46.50	18.88	 -59
HELX	Helix Technology	        75.38	29.06	 -61
KLIC	Kulicke & Soffa Industries	43.00	16.50	 -62
ATMI	ATMI Inc	                60.00	22.81	 -62
MTSN	Mattson Technology	        49.13	15.88	 -68
ASYT	Asyst Technologies	        63.88	19.94	 -69
LTXX	LTX	                        50.25	15.56	 -69
COHU	Cohu	                        59.50	16.00	 -73
	                      TOTALS  1885.79  960.26	 -49
SOX-X	Phili Semiconductor Index     1332.73  921.02	 -31
COMPQX	Nasdaq Composite Index	      5048.62 3787.36	 -25
* Component of 16 stock SOX-X Index