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 312.76

+1.1%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (6507)	10/28/2002 11:00:35 PM
From: Donald Wennerstrom	Read Replies (3) of 95536

<< Don, with 3 days left in the quarter those semi equips were being grabbed up by institutional buyers as part of window dressing in my opinion. The SOX has shown excellent strength and has led the market higher most of this last three weeks.>> I certainly agree with you on that point, but other stocks in the SOX have had a good run as well over the past 3 weeks and they didn't fare as well. However, I still agree it must have been the institutions in with "both feet" today, particularly with respect to AMAT. It is the one "must own" stock in the semi-equip area for the institutions. Volume for AMAT today was over 50M shares - it was only the 10th time this year for volume over 50M shares. KLAC and NVLS had good volume as well while TER's volume was rather "puny". Also, most importantly, AMAT's 4th quarter and FY ends this week. They are the only SOX company on the Jan, Apr, Jul and Oct schedule. Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next