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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%4:00 PM EST

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To: Donald Wennerstrom who wrote (44528)6/14/2009 12:50:59 PM
From: Donald Wennerstrom3 Recommendations  Read Replies (2) of 95638
 
This is the weekly update for the Group and SOX tables showing earnings estimates changes and price changes.



Of special note are the earnings estimate changes for the Group and SOX since the February time frame until the present. The Group changes have been essentially non existent, or slightly worse, while the SOX has entered into a rather smooth improvement from week to week.

This past week, TXN and NSM were the big contributors to the earnings increase shown compared to last week. TXN came out this past week with an upcheck to its earnings outlook for the quarter which resulted in their upgraded earnings estimate numbers.

NSM reported their 4th quarter and annual results for FY09 ending in May. NSM is the only stock in the SOX that has a FY ending in May. As a result of this closing, the new numbers for FY10(this year) and FY11(next year) were posted this week. Since NSM put forth an "upbeat" outlook for the next 2 years, the new earnings estimate numbers are a big improvement from the previous numbers.
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