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Technology Stocks : Semi Equipment Analysis
SOXX 351.43-0.4%Feb 10 4:00 PM EST

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To: Jacob Snyder who wrote (40156)9/13/2008 3:25:40 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) of 95916
 
Jacob, Some of these analysts have "perfect" timing.)

<<I'm looking at the chart. On June 16, he upgraded from Neutral to Buy, precisely as the stock was reaching its high for the year. Precisely.>>

Of course, the past few months have been a "downer". Estimates have been coming down in general and the economy has been deteriorating. The month of May saw the "peak" for the SOX and SMH.

Message 24943122

Since then it has been all downhill. Estimates are still coming down as you will see from the updated tables for the week that I am going to post next.

The last 2 weeks has seen the SMH lose a lot with rising volume. Maybe more of the same next week?

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