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Technology Stocks : Semi Equipment Analysis
SOXX 312.18-0.2%Dec 9 4:00 PM EST

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To: oldbeachlvr who wrote (64675)6/23/2014 5:36:21 PM
From: Donald Wennerstrom  Read Replies (1) of 95541
 
I agree. This beat of the estimate by about 10 cents should boost this years present estimate(due at the end of the August quarter). It also helps the following years estimate. Right now, the analysts are estimating little, or no growth, in earnings as we go forward.

After this report is analyzed in the next few days, future earnings estimates should be adjusted from the present numbers. Let's see if this happens.

Also, MU still has a relatively large number of non-believers out there in analyst land. Let's see if some of those change their minds and start supporting the stock.

Don
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