Galapagos Islands 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.

Strategies & Market Trends : Galapagos Islands

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sun-tzu who wrote (38680)	5/4/2003 1:30:51 PM
From: orkrious	Read Replies (1) of 57110

From JPM semi capex research dated May 1: We believe the current consensus expectation for 5% + global semi capex growth will likely migrate to negative growth by the July earnings season. We do not believe equipment stocks will be able to hold recently expanded multiples through two + quarters of potentially weak end market demand and negative incremental news flow on equipment demand. Top management officers at Novellus, Xilinx, and Microchip have substantially reduced their holdings, in what looks like an effort to virtually liquidate all their shares.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next