SI
SI
discoversearch

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 : Applied Materials No-Politics Thread (AMAT)
AMAT 256.40+1.2%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: etchmeister who wrote (16898)12/19/2005 9:26:09 PM
From: Proud_Infidel  Read Replies (1) of 25522
 
I believe our local electric company just shut down its operations doing similar work here.....not sure of why(profit etc).

Brokerage reportedly cuts rating on six semi stocks

Dylan McGrath
EE Times
(12/19/2005 8:21 PM EST)

SAN FRANCISCO — The Philadelphia Semiconductor Index declined more than 11 points, or 2.3 percent Monday (Dec. 19) after a brokerage reportedly cut ratings on six semiconductor stocks.

According to a Reuters report, brokerage Stifel, Nicolaus & Co. cut its rating on semiconductor stocks Advanced Micro Devices Inc. (AMD), Broadcom Corp., Intersil Corp., RF Micro Devices Inc. and Texas Instruments to "hold" from "buy."

According to the report, analyst Cody Acree said the market had already taken into account the semiconductor industry's strengths and it was "time to take profits" in the sector.

Acree also cut his rating on Silicon Laboratories Inc. to "sell" from "hold," according to the report, which quoted Acree as saying Stifel was not suggesting a major deterioration in the structural health of the industry, but that he did not see much room for short-term value increase.

The Philadelphia Semiconductor Index is a price-weighted index composed of 19 companies primarily involved in the design, distribution, manufacture and sale of semiconductors.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News