Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: d. alexander who wrote (26047)	4/10/2000 5:25:00 PM
From: d. alexander	Read Replies (1) \| Respond to of 67856

Chip Equipment from Briefing 14:59 ET ****** Chip Equipment Preview: As our Technology Earnings Calendar suggests, it's nearly go-time for the tech sector as many companies get set to do battle not only with the market's perceptions of their latest results, but with statements regarding their outlook. Although they are getting beaten up a bit today, Briefing.com believes the chip equipment companies-- many of which are due to report their results this week and next-- will manage to come through earnings season still standing tall as we suspect they will post very strong year/year numbers, and provide optimistic forecasts as their earnings visibility remains quite good given the increased demand for semiconductors, and the need among semiconductor manufacturers to increase capacity to meet that demand. That need was spelled out yet again this morning by none other than Intel (INTC) which said it will invest $6 billion this year to increase its chip production capacity amid rising global demand for computer chips. Fittingly, chip equipment companies do look to be in a sweet spot right now as chip makers struggle to meet demand for chips associated with the communication revolution, and struggle to compensate for under-investing in capacity expansion during the throes of the Asian crisis. Perhaps the best testimony to the strong growth prospects the chip equipment companies enjoy comes from Applied Materials CEO, James Morgan, who noted in a recent interview that he sees ``decades of huge growth' for the industry as the use of microchips spreads far beyond computers. Now, Applied Materials (AMAT) isn't scheduled to report its results until after the close on May 10, but they are included in the table below anyway along with other notable chip equipment companies scheduled to announce their results this week and next. We don't expect these companies to disappoint, and we suspect many, in the wake of their earnings news, will draw added support from analysts reiterating bullish recommendations. Moreover, given that several of these stocks have come well off recent highs during this volatile period for the technology sector, they appear less susceptible, or will likely incure less damage than they would have just a few weeks ago, to sell-on-the-fact reactions.-- PJO Company Earnings Date Consensus Estimate Year-Ago Earnings Avg. Positive Surpise in Last 3 Quarters 5-yr Projected Growth Rate % off 52-wk High Cree (CREE) 4/13 (before open) $0.21 $0.12 12.1% 29.5% 40.7% KLA-Tencor (KLAC) 4/13 (before open) $0.31 $0.11 10.8% 25.3% 7.7% Novellus Systems (NVLS) 4/17 (after close) $0.37 $0.08 11.9% 27.6% 22.7% Kulicke & Soffa (KLIC) 4/18 (before open) $0.66 ($0.32) 42.3% 18.3% 28.3% Lam Research (LRCX) 4/18 (after close) $0.35 ($0.13) 63.4% 22.3% 7.1% Teradyne (TER) 4/18 (after close) $0.50 $0.10 9.6% 24.0% 4.0% Applied Materials (AMAT) 5/10 (after close) $0.55 $0.18 14.3% 24.4% 4.9%

To: d. alexander who wrote (26047)	4/10/2000 9:51:00 PM
From: Clint E.	Read Replies (5) \| Respond to of 67856

Dorothy; This is one super-charged portfolio that overshoots higher than the nasdaq(like on Friday) and undershoots lower(like today). Down 9.7% today as opposed to the nasdaq's 5.8% drop. What happened today? I was in training. Don't answer that. It doesn't matter. There is no answer. This is a high-maintenance market. The nasdaq market is broke and is being kicked around by a few day traders who are still left in the market. Leaders or laggards mean nothing other than being a bunch of green or red tickers on their screens. Nobody cares about the future of any of these stocks one month, or even one week from now. Look over SI. Time has changed. People now care more about stock market direction than individual stocks. You used to see lots of traffic on individual stocks' threads. Now, everybody has learned to check the market direction first. Hey, are we in a correction? What did so & so expert say about critical support levels? What does the globex say about tomorrow's open? Just look over SI. Let's trade "stocks with strong earnings and fundamentals(sure!!)", do "technical analysis of shorties and longies", or "trade in & out for profit".... Last week, perhaps, 1/4 of all day traders got wiped out. My own gut-feel estimate. That's good. Not because I like to see people suffer. No. But we cannot have a nation of day traders who produce no goods & services except traffic on these sites, volatility, and headlines. We cannot have a nation of professionals who care mostly about stock options, not their jobs. I hope to see another wave of correction that would wipe out another 50% of day traders, their gods, and goddesses. At this point, I don't mind seeing a bit of reality check. Hey, do you want to make money in the stock market? How does 10-20% per year profit sounds? What? You're used to seeing that in minutes? Sorry but stick around. You'll see what goes up must come down! Hey, do you want to make it in life? Here is how. Go to school, earn a degree, get a job, put in hard work on daily basis, and then finally write the check for that BMW-528i you always wanted. Sorry for bitching. Hey, X did it a week ago. Now it is my turn! Clint