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: Johnny Canuck who wrote (28654)	10/5/2000 11:29:56 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67878

09:40 ET Chip Equipment Stocks : Seeing early weakness in semiconductor equipment group as Merrill Lynch cuts price targets to an average of 18x 2001 earnings estimates. SOX off almost 2% early. Issues under pressure in chip equipment group include NVLS -3, AMAT -2, KLAC -13/16, LRCX -3/4 09:20 ET Chip Equipment Makers : Robertson Stephens views announcement by Micron Tech (MU) to increase FY01 capital spending by 64% to $2.3 bln as a positive for test equipment manufactures. Sees Credence Systems (CMOS) and Teradyne (TER) as beneficiaries. Finds stocks good buying opportunities at current levels.