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Technology Stocks : Semi Equipment Analysis

SOXX 302.84

+2.0%

Dec 2 4:00 PM EST

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To: Donald Wennerstrom who wrote (53656)	9/10/2011 3:28:52 PM
From: Donald Wennerstrom	1 Recommendation of 95515

This is the weekly update of the Group and SOXM(SOX) tables in terms of earnings estimates and price changes. As shown in the previous tables, this past week saw the Group price decrease a small amount and the SOX make a nice gain. However, even though the SOX made a nice gain, the earnings estimates for both the Group and the SOXM were down this week continuing the general down trend for the SOXM stocks since last March. The week of 8/19 has been highlighted in yellow to show a recent cycle bottom. The last 3 weeks have shown an uptrend from this week. The SOX has fallen from 471.46, the week of 2/18, to 326.32 the week of 8/19. This is a percentage drop of 31 percent in a period of just over 6 months. That is quite a correction and the market could be looking into the future for better times. On the other hand, a close below the 326.32 could signal a further deterioration to new low levels.

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