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Technology Stocks : Semi Equipment Analysis

SOXX 306.04

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Dec 26 4:00 PM EST

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From: Donald Wennerstrom	6/10/2011 10:08:41 AM
	Read Replies (2) of 95641

MEMC Elec downgraded to Hold at Stifel Nicolaus 9:23 AM ET 6/10/11 \| Briefing.com Stifel Nicolaus downgrades WFR to Hold from Buy given the rapidly deteriorating environment in the solar wafer industry. While their Sum-of-the-Parts analysis points to brighter prospects for the stock, they view near-term risk/reward as balanced, and they do not see investors warming up to the name over the next 6-9 months in face of acute reductions in solar pricing and significant estimate revisions downward.

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