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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST

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oldbeachlvr
To: Donald Wennerstrom who wrote (68792)6/6/2015 1:43:24 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (1) of 95574
 
This is the same SOXM data as the last post, but this time it is sorted by PE.

Here we have a very familiar picture. MU is in 1st place with a PE of 7.2. The "market" has made sure that MU's PE hovers around that number for the last many weeks and months. It is obvious at this point, nothing will change until the earnings report and new guidance is given later this month at the 3Q report expected during the last week of this month. Notice there was no change in the earnings guidance for MU this week compared to last week, but nevertheless, MU lost -4.8% this week.

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