Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (11758)	7/16/2001 9:56:16 AM
From: James F. Hopkins	Read Replies (1) of 52237

More News today on Semi industry.. 7:47AM UBS Bearish On Semi Equip. : UBS Warburg is introducing quarterly EPS losses on AMAT, ASMI, ATMI, ESIO, LRCX, VSEA. Firm feels that conditions continue to deteriorate; sees additional downside to present stock valuations in the current environment of reduced EPS estimates and uncertain 2002 growth. ---------------------------- However the above report may have been the result of 6:24AM Asian Markets : Nikkei -0.10%, Hang Seng +0.09% -- Asian stocks mixed in uneventful trading. Nikkei closed a tad weaker with investors sidelined ahead of the earnings deluge out of the US and the Upper House elections in Japan. Electronics machinery makers remained under pressure, while exporters found some reprieve. Taiwan plunged 2.6% to seven-year lows on reports of heavy margin selling, while Korean shares closed flat despite another wave of foreign selling in the semiconductor sector. This was out over an hour before USB went bearish. Jim

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