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Technology Stocks : Semi Equipment Analysis
SOXX 298.01-0.5%Dec 15 4:00 PM EST

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To: Return to Sender who wrote (54540)11/5/2011 5:44:44 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) of 95580
 
Here is the final report for the 3rd quarter results for the 18 stocks in the Group and SOXM that report on a CY/FY basis. This requirement was used to get as close to possible in comparing "apples to apples" in financial reporting for this list of stocks. All 2011/12 numbers in this table match in a reporting time frame.

At the bottom line, actual earnings were 9.00 versus the estimated 8.21 for a positive 0.79 result. Only 2 stocks, ALTR and WFR, did not meet their estimates.

During the reporting on this table over the past several weeks, the estimates for 2012 earnings continued to deteriorate. In this last report, 2012 estimated earnings are at 31.26 which are substantially less(-9.7 percent) than 2010 actuals.

If growth follows the Feds prediction for next year,

<<The Fed also cut its growth forecast for fiscal 2011 to the range 1.6% to 1.7% from the range 2.7% to 2.9%. For 2012, growth is expected the range from 2.5% to 2.9%, down from a range of 3.3% to 3.7% that had been previously projected.>>

I would expect more of the same as already experienced in 2010 and 2011(2011 should be in "the bag", only 1 more quarter to go).

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