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: willcousa who wrote (2361)	3/21/2002 5:56:24 PM
From: Return to Sender	Respond to of 95567

It means to me that AMAT is very confident that a strong enough recovery is underway for them to begin to consistently beat estimates. It's a good move for the stock and all stocks in the industry actually (unless you are shorting AMAT it's probably good for the individual investor too). Despite the fact that many who post here at Silicon Investor own some shares most AMAT shares are owned by institutions. Hopefully they like this stock split too. RtS

To: willcousa who wrote (2361)	3/23/2002 12:35:36 PM
From: Return to Sender	Read Replies (2) \| Respond to of 95567

Although this will probably surprise many who read the thread the semiconductor group appears to be only a few sessions away from finding another short term bottom. I have 15 stocks showing up on my technical analysis screen for semiconductors of RSI of 20% or less. That is the highest I have seen in a while. In addition my read of the chart indicates this as well: stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!La12,26,9!Uk14]&pref=G This will be a short trading week due to Good Friday. I expect that the Nasdaq could still hit 1800 and that the SOX could hit the 50 day moving average before the Bulls take control again. All the selling has been on relatively light volume. I think the strength of the economic recovery beginning to be seen now will unfold nicely into 2003. The book-to-bill is being recorded differently now than it used to be. It is now based on billings only being booked when product is actually shipped. It will take a little while longer for the market to realize that revenues and earnings are lower than they would have been in past cycles because there is no longer any front loading of the numbers. This could be over the next few sessions the last brief shake out before the strong climb higher for the majority of the semiconductor stocks. Just my opinion, RtS RtS