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


To: SpecialK who wrote (985)8/17/2001 1:44:34 PM
From: Gottfried  Read Replies (1) | Respond to of 95738
 
Ketan, re >Fundamentals don't justify current valuations. Visibility is so poor,< That's pretty much true for most tech stocks out there - even the good ones.
TA actually says MXIM may rally from here.
stockcharts.com[w,a]daclyymy[d20010401,20010817][pb50!b200][vc60][iUb14!La12,26,9!Lf!Lc20]

But what do I know? :)
Good luck.

Gottfried



To: SpecialK who wrote (985)8/18/2001 10:52:31 AM
From: Return to Sender  Respond to of 95738
 
The list of oversold semiconductors grew again. Surprisingly it only grew by three stocks to 57 stocks. Here they are listed below:

ABTG AEHR ALAO ALSC AMAT AMCC AMKR APTI ASYS ASYT ATMI AVNX AXTI BRKS CAMD CMOS CRUS CY CYMI DPAC DPMI DYSL EMA FLEX FSII GSPN IBIS IDTI IFX JNIC KLIC KYO LPTH LTXX MTLK MTSN MU NUFO NVLS OCPI OVTI PLXT PRTH SEMI SLAB SMTC SYMM SYXI TENS TER TMTA UTEK VIRL VRTA VTSS

finance.yahoo.com

Note that this is 57 out of the 197 semiconductors that Silicon Investor has listed with an RSI of 20 or lower. I have not been keeping these numbers long enough to give them a truly meaningful interpretation. However the last time the SOX sold off like it is now we got all the way up to 99 semiconductor stocks in this category before the SOX hit bottom and started back higher. Also of interest is that Silicon Investor has somewhat inexplicably shortened its semiconductor listings by 4 stocks. I no longer see JBL for instance. This stock obviously is in the oversold category.

RtS