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Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST
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To: michael97123 who wrote (6356)10/21/2002 5:22:25 PM
From: w0z  Read Replies (1) of 95525
 
"Chips and semi equips giving it all back and more in extended hours. Anyone know whats driving this?"

This:

For the fourth quarter of 2002, compared with the third quarter, TI expects: total revenue to decline about 10 percent; Semiconductor revenue to decline about 5 percent; Sensors & Controls revenue to remain about even; and E&PS revenue to seasonally decline about 60 percent.

Their strength in wireless will probably get lost on most folks, but it is one of the truly (only?) bright spots in technology at the moment.
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