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.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (278)	1/19/2001 11:42:33 PM
From: Donald Wennerstrom	Respond to of 95617

Again, I thought Robert Walberg from Briefing.com had a good summary for the market action this week. (emphasis mine) <The old guard flexed its muscle this week, as tech sector was led higher by the likes of IBM (IBM), Microsoft (MSFT), Dell (DELL) and Cisco (CSCO)... Felt like the good old days... We also saw strong gains from some of the new comers as Net portal, optical networking and fuel cell stocks posted big gains... All in all the underlying tone of the sector continued to improve, as evidenced by the growing number of new highs and by the rising a/d line. With participation in the rally expanding, money managers being forced to move cash off the sidelines and back into techs (so as not to fall too far behind in performance), earnings numbers exceeding drastically reduced expectations, technicals improving and the Fed about to lower rates again when the month ends, there's no reason to bet against the sector at the moment. Sure it's a little overextended and it might pullback a bit if the Fed only reduces the funds rate by 25 rather than 50 basis points, but given the change in psychology, breadth and fundamentals, the big boys will use any dips as a (re)entry opportunity. This will limit the scope and duration of any pullbacks... Consequently, if you haven't already started putting money back into the sector, Briefing.com maintains you shouldn't sit around waiting for a big retreat - it isn't coming.

To: Donald Wennerstrom who wrote (278)	1/20/2001 12:17:42 AM
From: Gottfried	Respond to of 95617

Don, so INTC and Samsung together plan to spend $7.5+5B. SEMI said back in Dec '00 >SEMI estimates that the semiconductor manufacturing equipment market will grow 83 percent in 2000 to US$46.7 billion< semi.com!OpenDocument By the SEMI organization's numbers their member firms SHIPPED about $23.65B worth of equipment Jan to Nov '00. Let's assume they shipped $2.35B in Dec '00 for a Y2K total of about $26B. So we have TOTAL ww semi equip shipments of $46.7B and SEMI org. members' shipments of $26.0B. I don't know how much Intel and Samsung spend with SEMI members, but they ought to get a good chunk of the $12.5B these two chip makers propose to spend. Some of that will be bricks and office furniture, though. Gottfried