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Non-Tech : Invest / LTD

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To: Thean who wrote (10114)9/30/1999 2:25:00 PM
From: SJS  Read Replies (2) of 14427
 
Some more data on semis...
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13:22 ET Optical Stocks : After a strong performance during the Fiber Optic conference earlier this week, the group succumbs today: JDSU -1 15/16, SDLI -4 7/8, ETEK -4 13/16. GLW bucking the trend: +2.

12:36 ET Applied Materials (AMAT) 77 -2 3/4: Stock being dragged down along with the rest of the semis, but SG Cowen reiterates its "strong buy" and expects company to beat Q4 EPS consensus of $0.63 by at least 7 cents and will also beat revenue estimates of $1.4-1.5 bln.

12:17 ET Semiconductor Stocks : --Update-- Some traders placing the blame for the semis' troubles today on a Japanese nuclear accident; though thus far, the accident has only prompted warning for those within a 6 mile radius of the plant. The plant is 70 miles Northeast of Tokyo.
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