Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 306.28

-1.0%

Dec 4 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (1518)	1/2/2002 9:04:17 AM
From: Return to Sender	of 95525

Semis going up a bit at the open. From Briefing.com: 8:30AM : The pre-market bias is mixed with the S&P 500 futures 1 point below fair value, the Nasdaq 100 futures are 9.5 points above fair value while the Nasdaq 100 PMI is up 9.7 points. Reports that South Korean chipmaker Hynix Semi had raised its price of chips it sells to PC makers has sparked some interest in the tech sector. 7:54AM GlobeSpan Virata (GSPN) 12.95: Needham & Co upgrades to STRONG BUY from Buy and raises price target to $27. Firm believes GSPN's balance sheet of $570 mln in cash (or roughly $4 per share) provides it with the resources necessary to continue to fund new product development. Firm forecasting 2001 EPS of ($0.02), 2002 of $0.06, and introducing a 2003 est of $0.54. 6:40AM : Nikkei closed%, Hang Seng -0.41%:Asian stocks mixed. Korea's Kospi index pushed to a sixteen-month high thanks to a 15% surge in Hynix Semiconductor. Hynix was buoyed by news that it raised its chip price for the third time in less than a month. Chipmakers also provided a decent boost for Taiwan, though China Mobile proved to be a drag on Hong Kong's Hang Seng index.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next