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Technology Stocks : Semi Equipment Analysis
SOXX 295.15-2.3%Nov 11 4:00 PM EST
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To: sixty2nds who wrote (32557)9/12/2006 4:02:11 PM
From: Kirk ©  Read Replies (1) of 95397
 
"Tracy said. S.E.M.I. predicts spending on new chip equipment in 2007 will be flat compared to this year."

Actually they expect 0.7% growth... but lets not quibble.

LRCX is supposed to continue to take market share and it earned 96 cents last Q. They should easily make $4 a share in 2007 and more in 2008 and 2009 when SEMI predicts the market will grow again.

To sell under $50... much less under $40... was and is a gift.
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