You'll continue to see a year end "Christmas" rally and "January effect" but the fundamentals still are not there. If anything tech is flat, and earnings are there only from cutting the shit out of overhead, not top line growth.
Do not chase this rally.
Next year, maybe after April, you'll have a great chance to buy back in. Microsoft will discontinue support for Win 95, 98 and NT 4.0 in the next year. There will be 180 million pc's that were added during the Y2K craze that will be fully depreciated or off lease. In other words, there will likely be a PC replacement cycle starting next year that will last for a year or so.
I like WDC, IDTI, ATML, PMCS, CY, LSI, VTSS, SUNW, JNPR, SANM, SLR, among others. Chips will rock, as will contract electronic manufacturers. Not so sure about telecomm. My opinion is worth everything that you paid for it. But I do buy millions of dollars of computer parts per year.
944TURBO
"Don't jerk it, let me work it"