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 299.81

+2.7%

Dec 19 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (3439)	6/6/2002 2:01:49 PM
From: Return to Sender	Read Replies (2) of 95617

From Briefing.com: 12:53PM Semiconductor Sector Intraday : -- Technical -- SOX getting a modest lift following the earnings release from National Semiconductor (NSM). Currently lifting off support at 450 to trade at 454 -- from current levels look for initial resistance at 458 followed by subsequent overhead at 468. 12:19PM National Semi beats by ten cents (NSM) 29.09 -1.57: -- Update -- Company reports Q4 earnings of $0.03 per share, $0.10 better than the Multex consensus estimate; Q4 revs came in at $419.5 million vs the consensus $415.4 million; Q4 semiconductor bookings rose 19% from Q3. 11:56AM Applied Micro: Needham maintains Sell rating (AMCC) 6.25 unch: Needham maintains their Sell rating and says they do not believe AMCC will meet its flat rev guidance for Q1 given limited visibility and particularly as carrier capex remains soft and could decline further; also, firm does not believe co will achieve breakeven in Q4 (which the co reiterated yesterday) and notes that AMCC has only taken roughly $5 mln out of its cost structure from March 2001 and expectsto take out only another $5 mln by March 2003. Believes current valuation is excessive given current mkt conditions. 11:36AM EMC Corp reaffirms Q2 forecast (EMC) 7.45 +0.27: Reaffirms Q2 forecast (announced in April) that it expects to achieve single-digit sequential rev growth, and indicated that as usual a significant portion of EMC's biz remains to be completed in the third month of the qtr; co states that it is comfortable with the Q2 consensus est of ($0.02). 11:33AM Sector Watch: Semiconductor : Not the worst performing sector today but under substantial in wake of early downgrades. Pacing the way are: BRCM -5.9%, AMAT -5.2%, INTC -4%, NSM -4.9%, LLTC -5.3% and MOT -3.5%. Index (SOX) has recently pushed to a new seven month low with the Semi HOLDRs (SMH 36.51) now eyeing its May/Jun low at 36.45/36.30. finance.yahoo.com VIX is back over 27 which until further notice should be considered a buy signal in my opinion. RtS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next