From Briefing.com: 7:48AM Merrill Lynch cuts semi equipment forecasts : Merrill Lynch cuts their semi capital spending growth rate ests for 2002 to -30% YoY (from -25%) and 2003 to +10% (from +20%); in addition, firm cuts their 2003 semi sales outlook to +11% from +16%; cuts 2002-03 ests for AMAT, KLAC, LRCX, NVLS, TER, AEIS, ASYT, CYMI, KLIC, MKSI, and TWAV.
7:54AM ATI Tech hits revised numbers (ATYT) 5.00: Reports Q4 net of $0.01 a share, in line with the Multex consensus. Revs rose 5% yr/yr to $239.5 mln (consensus $237.24 mln). For Q1, co is targeting EPS of $0.03-$0.05 (consensus $0.05)... On Sept 9, ATYT warned that Q4 would post at $0.00-$0.02 vs previous guidance of $0.05-$0.07.
7:23AM EDS receives informal SEC inquiry (EDS) 15.09: Co announced that it received a request yesterday for its voluntary cooperation in an informal inquiry by the SEC, which has requested information regarding the co's purchase and settlement of forward contracts related to its common stock and information regarding events leading up to its recent earnings guidance announcement.
NSM National Semi upgraded by AmTech (12.09) AmTech Research analyst Rick Whittington upgrades to BUY from Hold; says NSM will benefit from cyclical improvement in cell phone demand.
finance.yahoo.com^SOXX+AEIS+ALTR+AMAT+AMD+ASYT+ATYT+BRCM+CYMI+EDS+INTC+KLAC+LLTC+LRCX+LSCC+LSI+MKSI+MOT+MU+MXIM+NSM+NVLS+TER+TWAV+TXN+XLNX+^VIX+^IXIC&d=t
Looks like Merrill Lynch just is not quite ready for us to have a rally Don.
RtS |
