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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: robert b furman who wrote (61040)	8/12/2013 11:16:38 AM
From: Donald Wennerstrom	Read Replies (2) of 95531

Bob, Certainly, INTC could start an uptrend from here, but then again, maybe not. I am more inclined to see it move in a sideways pattern, maybe up or down a couple of dollars for some time. INTC has a FY year that ends in Dec. Last week's data compilation shows this year's earnings estimate at 1.87, and next year at 1.98 based on the consensus of 37 analysts. That is not much of a growth scenario. INTC suffers at the moment from concern about the perceived stagnation of growth for the PC business. That concern may take awhile to get resolved and INTC seen in a better business position going forward. Don

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