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Technology Stocks : Semi Equipment Analysis
SOXX 270.83+1.0%4:00 PM EST

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To: The Ox who wrote (56769)7/2/2012 5:49:49 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) of 95456
 
Like you Ox, I have seen more down estimates for 2H12 and 2013 than up estimates.

However, when these guys talk about 1 to 3 percent up or down I have to "yawn". IMO it doesn't mean much, if anything, in terms of stock prices going forward. I think there are many more "big issues" that will determine stocks prices.

Management has the necessary tools in this day and age to make sure that with those kind of small changes in revenue, earnings can be kept quite steady on a quarter to quarter basis as time progresses.

Don
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