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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%Dec 19 4:00 PM EST

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To: Donald Wennerstrom who wrote (59970)5/23/2013 7:26:09 PM
From: Donald Wennerstrom  Read Replies (2) of 95616
 
OK, as shown in the last post, CRUS is in last place, down 20.2 percent for the first 4 days of the week. Most of this downturn happened today.

The stock had been on an uptrend since the last part of April going from around 18 to 22/23. Today it lost all that gain and went back down to close at 17.76(-19.5%).

CRUS released a Form 8-K Filing lowering their gross margin estimate going forward. That had all the analysts taking notice and at least one of them, Oppenheimer, released a review shown in the chart.

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