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 296.74

+1.8%

Nov 28 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (10415)	7/5/2003 2:22:06 AM
From: Donald Wennerstrom	Read Replies (2) of 95487

Gottfried, Good question - I don't think I have a good answer, but I do have a couple of comments. There seems to have been a gradual fall-off of analysts following the semi-equips in the Group. I don't know why, but maybe it has to do with the length of the downturn. It has been going onward of 3+ years now - it is getting boring. I think it was about 2 weeks ago that I saw an item out of Briefing.com about 1 of the brokerage houses( I think it was Thomas Wiesel) not following companies in the semi-equip field anymore at the present time. I think others have made the same decision in the last few months. On 2/14/03, 281 estimates were made for the semi-equip group. Today, 248 estimates are made for the same Group - a loss of 33 estimates. I think that trend will continue until some turn around in the Group is seen. Looking for action in the semi-equip field for the past many months has been about as exciting as watching paint dry! I remember last year about this time the realization hit the financial press with a bang that there was going to be no 2nd half recovery in 2002. You know what happened then - a big down trend until the bottom hit on 9 October - then a big bounce. Today, it sounds like de ja vue all over again - waiting for a 2nd half recovery that is not here yet IMO. Don

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next