Micron Only Forum 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 : Micron Only Forum

MU 218.02

-7.1%

Nov 4 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sammy™ -_- who wrote (53823)	3/28/2007 2:34:54 PM
From: tech101	Read Replies (1) of 53903

Semi Short Interest At Record High; It’s Future Rally Fuel Posted by Eric Savitz Short interest in semiconductor stocks in March jumped 9.5% from February, Merrill Lynch chip analyst Joe Osha noted in a research brief this morning. The total short interest in the sector has now tops the previous record, set in July 2003. Osha notes that the previous peak came exactly at a bottom in industry unit growth. Osha thinks this time unit growth should bottom in March or April. “We may be wrong by a month or two, but not more than that,” he writes. “By the time company managements start admitting that business improving, unwinding the all-time high short position in our coverage universe is likely to drive a substantial move up in the SOX.” Biggest chip sector sequential short-interest increases: Xilinx (XLNX) +108% Intersil (ISIL) +56% Monolithic Power (MPWR) +38% Altera (ALTR) +36% messages.finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next