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


To: Alastair McIntosh who wrote (3083)5/9/2002 4:31:21 PM
From: Return to Sender  Read Replies (1) | Respond to of 95487
 
Semiconductor Stocks Raising Guidance:

ACLS ALTR ANAD ARXX BHE CHPC CHRT CLTK CRUS CYMI ELNT EMKR ESST FCS IDTI ISIL JBL KLIC KOPN LLTC LRCX MCHP MCRL MKSI NSM NVDA NVLS PSEM PSIT PWER QLGC RFMD SLAB SMTL SSTI TER TXN VSEA XLNX ZRAN

finance.yahoo.com

I neglected to get ANAD back on this last yesterday. First they say earnings and revenue will be up, then lower, then up again: Anadigics (ANAD) 10.16 +1.58: Co now expects to post a Q2 loss of $0.29 a share on revenues of approx. $23 mln. These figures compare favorably to current Multex consensus estimates of -$0.31 and $21.03 mln. ANAD cites demand from both existing and new wireless CDMA customers for the increased numbers.

The stock did manage to rise today when very little did today but that is not likely to last unless the buyers from Wednesday's session come storming back in tomorrow.

I was amazed to see the complete lack of follow through in tech stock buying today erode into wholesale selling. Back to our discussion from yesterday.

It would now appear that AMAT could be in a position to ignite another short term rally because at the rate the market is dropping we could be back where we were when CSCO reported.... by Tuesday's close.

RtS