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Technology Stocks : Semi Equipment Analysis
SOXX 302.84+2.0%4:00 PM EST
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To: Sam who wrote (78720)1/25/2018 4:40:09 PM
From: Kirk ©2 Recommendations

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Donald Wennerstrom
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It looks like Intel was smart to spell out that the loss for the quarter was due to an 111% tax rate for a one time charge for taxes on foreign cash.
Intel is up to almost $47 at the moment. Let's see if the treat them like they treated LRCX today or MU forever.
Given Lam has a decent amount of cash overseas, my guess is that is what the charge was for that they didn't disclose in their presser.
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