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Technology Stocks : Semi Equipment Analysis
SOXX 285.23-3.7%4:00 PM EST
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To: Donald Wennerstrom who wrote (30020)4/19/2006 12:00:25 PM
From: The Ox  Read Replies (5) of 95596
 
Here at CSFB we admit our estimates have been substantially lower then the industry's reality. We now have to raise our 2006 yearly estimates on CYMI by 12% but we will only raise our price target 10% because we continue to be stubborn. While our estimates are slightly better then most analysts who cover the industry, we will continue to post negative commentary as we don't want people investing in the SCE sector. We continue to justify the negativity seen by most analysts who cover this sector, as these stocks never got as low as we wanted, so we won't profit as much as we usually do during this next multi-year up swing. Since we are very angry and frustrated about this, we will continue to be negative on the entire semi universe, strictly out of spite. We will be sure to add FUD to every comment, not out of concern for others but only because we are angry, dried up old fogies who are so greedy we can't enjoy anyone else making money on sectors where are calls have been wrong.
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