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: Sarmad Y. Hermiz who wrote (5657)	9/26/2002 9:37:16 AM
From: Return to Sender	Respond to of 95531

More from Briefing.com: ISIL Intersil could be pressured by Intel/Linksys talks - Needham (13.59) Needham says they have come to learn that INTC is currently in discussions with Linksys over a possible WLAN marketing agreement; ISIL is currently the primary supplier of 802.11b chipsets to Linksys, and should INTC aggressively market its WLAN chipsets to 3rd party equipment vendors, ISIL's WLAN biz and margins could face increased pressure in the longer term. 8:58AM Texas Instruments downgraded by Thomas Weisel (TXN) 16.35: Thomas Weisel downgrades to MKT PERFORM from Attractive due to the stagnant IT spending environment; cuts FY03 est to $0.60 from $0.75 (well below consensus of $0.73). 8:53AM Fairchild Semi, Intl Rectifier downgraded at Thomas Weisel 9.85: Thomas Weisel downgrades FCS and IRF to MKT PERFORM from Buy due to weak end-mkt demand and further avg selling price erosion. 8:43AM RF Micro Device upgraded at JP Morgan (RFMD) 6.23: JP Morgan upgrades to NEUTRAL from Underweight following positive preannouncement on 9/24; in addition, firm cites greater customer diversification and strengthening end demand; raises FY03 est to $0.13 from $0.07 and FY04 to $0.21 from $0.17. 8:43AM Duke Energy priced 54.5 mln secondary offering at $18.35 (DUK) 18.35: 8:41AM S&P futures vs fair value: +12.0. Nasdaq futures vs fair value: +14.5. The futures have made a strong move higher over the last half hour on the stronger-than-expected Durable Orders report. Techs look to open higher despite Goldman being cautious on Cisco. However, Merrill Lynch says Dell's quarter is on track. Overall, it remains a very quiet morning. 8:32AM Cisco Systems: Oct quarter will be challenging - Goldman Sachs (CSCO) 11.96: Goldman Sachs continues to believe that the Oct qtr will be more difficult than previous qtr due to weak enterprise spending (especially in Japan and Europe), the difficult carrier market, and mixed messages from checks on CSCO's Oct qtr progress; believe their Oct qtr est of flat sequential sales is achievable, but the backend loaded nature of the qtr makes it too early to determine if CSCO will meet ests. 8:08AM Taiwan Semi estimates cut by Goldman Sachs (TSM) 6.88: Goldman Sachs trims 2002 est to $0.22 and 2003 to $0.32 (the latter well below consensus) due to more conservative avg selling price forecasts and lower utilization assumptions; however, firm believes the co is making big breakthroughs in its 0.13−micron process, with strong improvements for Via, BRCM, MOT, and possibly NVDA. 8:05AM Intel talking to Japanese chipmakers about DRAM production: Bloomberg (INTC) 15.20: Bloomberg reporting that the Economic Daily News out of Taiwan says today Intel has been in talks with Japanese chipmakers Mitsubishi and Elpida about making memory chips - the story doesn't cite any source for this speculation and an Intel spokesman would not comment. Separately, Korean chipmaker Hynix sold its flat panel division for $380 mln, which could provide liquidity to stay in the memory business longer. Both news items are being seen as negative for Micron (MU). 7:55AM Dell Computer quarter on track - Merrill Lynch (DELL) 24.88: Merrill Lynch says that checks indicate Q3 is tracking right on plan and firm remains comfortable with ests of $8.9 bln in sales and EPS of $0.21 (in line with consensus); although the mkt remains difficult, firm believes DELL is seeing relative stability in its end mkts; reiterates Buy rating and $35 price target. 7:49AM Research In Motion: full-year sales estimate may be high - Lehman (RIMM) 9.32: Lehman says that while checks indicate Q2 ests may be achievable, RIMM's full-year target of $350-$375 mln in sales may remain elusive given weakness in core financial mkts, limited uptake with new channel partners, and Cingular's attempt to diversify to Good; believes that mgmt may lower FY03 sales guidance on Oct 3; reiterates Underweight rating. 7:28AM Nokia denies 10-15% handset growth estimate (NOK) 13.25: A Nokia executive reportedly told the B of A conference yesterday that 2003 industry handset sales could be up 10-15%, but Dow Jones later reported that Nokia denied making any new forecasts for industry sales, and said the comments were likely taken out of context. finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+CSCO+DELL+DUK+FCS+INTC+ISIL+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NOK+NSM+NVDA+NVLS+RIMM+RFMD+TER+TSM+TXN+XLNX+^VIX+^IXIC&d=t RtS