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 (1299)	11/27/2001 9:02:13 PM
From: Return to Sender	Respond to of 95385

Don it was a very interesting day indeed. We hit my 550 target in two sessions. At this point the SOX can do one of three things: It can rally again tomorrow and blow past 553.60 (Recovery Intra-day High - Post 9/11) and set the SOX up for further advances with continued positive reinforcement from component members. It could rally up to the upper Bollinger Band at 558, penetrate the band, and pull back due to a continued overbought market that has yet to really sell off but be ready to move higher again soon (within a week or so) . Or it could sell down on the basis of of outside stimuli. The war on terrorism has been going wonderfully well but one never knows. Consider the historical pricing on the SOX: chart.yahoo.com^SOXX&g=d Today was our highest close since Nov 14 but we still have not broken through resistance. The trend remains up but we cannot expect that to continue if resistance continues to hold the major indices from further gains. stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a1875][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3] That being said I took profits in TXCC today and am hopeful to reenter quality positions at lower levels in the next few weeks. RtS

To: Donald Wennerstrom who wrote (1299)	11/27/2001 10:22:44 PM
From: puborectalis	Read Replies (1) \| Respond to of 95385

TI stands by its Q4 outlook By Nicole Maestri, CBS.MarketWatch.com Last Update: 7:31 PM ET Nov. 27, 2001 SCOTTSDALE, Ariz. (CBS.MW) -- Texas Instruments' chairman, ready to wrap up what has been a dismal year for the technology sector, says his company is still on track to meet its previously outlined financial targets for the final quarter of the year. "The best thing to say about 2001 is that it's darn near over," TI (TXN: news, chart, profile) Chairman, President and CEO Tom Engibous said in a speech at the Credit Suisse First Boston Annual Technology Conference Tuesday. But before exiting the year, Engibous said fourth-quarter revenue is still expected to decline about 10 percent from the third quarter, with semiconductor revenue expected to slip about 5 percent sequentially. TI cited both the economic downturn and seasonal declines in sales of its educational calculators for the lower revenue figure. Texas Instruments had outlined its fourth-quarter financial forecasts in a filing with the Securities and Exchange Commission earlier in the month. In that filing it also said its fourth-quarter loss per share would be 6 cents more than in the third quarter, before the effect of special charges and amortization of goodwill and other acquisition-related intangibles. In the third quarter, TI posted a loss of 3 cents per share on revenue of $1.8 billion. Analysts, on average, are currently looking for a fourth-quarter loss of 9 cents per share on revenue of nearly $1.7 billion, according to Thomson Financial/First Call. But Engibous said that, overall, business has stabilized. "The severe declines of this year were the results of excess inventories in an environment of decelerating demand for electronic end equipment," Engibous said. "Backlog appears to be in the process of stabilizing." With inventories back down to "normal" levels, Engibous said TI's sequential results should "be more in line" with historical patterns. The technology company also said its wireless business is seeing a recovery, as large customers have started placing orders in line with what they are shipping. "We expect sequential wireless revenue growth that began in the third quarter to continue in the fourth quarter," Engibous said. Texas Instruments also said that , aid the economic slowdown, said it has upgraded its manufacturing capabilities, which it expects will help lift its gross margins "by a couple of points." It also kept spending for research and development at roughly the same level as in 2000.