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


To: Gottfried who wrote (3996)7/15/2002 12:47:57 PM
From: Return to Sender  Respond to of 95463
 
Well you may be right. Perhaps the mindless bashing will stop. The most important notes I saw to support that today from Briefing.com concerned the 10% DRAM pricing increase and Solly's note that INTC may be able to raise profit margins later this year.

From Briefing.com: Semiconductor sector holds positive -- Technical --
SOX backing off its best levels of the session, currently posting a 0.8% intraday gain. Currently trading at 380, look for initial resistance at 387 followed by additional modest overhead at 392 -- those two areas are followed by more significant resistance in the area of 396 to 400. Note that the favorable intraday tone would deteriorate on a failure to hold very near-term support just under 376. Sector components driving the move higher include: INTC, NVLS, KLAC, NSM, AMD and ALTR.



To: Gottfried who wrote (3996)7/15/2002 12:55:17 PM
From: Return to Sender  Read Replies (3) | Respond to of 95463
 
Oops More bashing from Solly: Solly cuts targets for select semi equipment co's. Salomon Smith Barney cuts their price targets for ATMI (to $31 from $40), KLAC (to $62 from $78), LRCX (to $25 from $40), MYK (to $16 from $18), NANO (to $16 from $25), and TER (to $30 from $45); maintains current ratings.

Note was on Briefing.com

RtS