Befriend the Trend Trading 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.

Strategies & Market Trends : Befriend the Trend Trading

SPY 652.53

-1.5%

Nov 20 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Dr. Stoxx	4/11/2007 7:55:33 AM
	of 39683

Wachovia previews select semiconductor earnings reports Wachovia believes that IDTI, TXN, and CRUS represent the best risk/reward plays, as all 3 stocks have traded poorly heading into earnings season and are discounting larger downward estimate revisions than they believe is likely. Firm also believes the recent sell-off in IRF, related to an accounting irregularity at a foreign subsidiary, has led to a very attractive long-term buying opportunity in the stock, which is trading at only a 11x CY07 EPS. Firm says ISIL has been one of the best performing semi stocks YTD, yet while they like ISIL's prospects for CY07, they would wait until earnings are reported before adding to positions. In addition, firm's checks suggest consensus ests for MXIM and LLTC are too high for CY07, and they expect a muted outlook from ONNN for the June qtr, with a greater focus on 2H07 growth drivers

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next