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

To: Gottfried who wrote (7909)	12/30/2002 11:39:32 AM
From: Sarmad Y. Hermiz	Respond to of 95530

>> If that's "worst in 30 years" I wish my portfolio did that well: Gottfried, our portfolios will just do "worst in 30 years" in the conventional sense. Unfortunately. Sarmad

To: Gottfried who wrote (7909)	12/30/2002 12:17:41 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95530

From Briefing.com: 10:49AM Sector Watch: Semiconductor : Sector index (SOX 290 -1.9%) falters after a positive start and has recently slipped back below the Dec low (291.24). Pacing the way on the downside today are: LSI -4.1%, MU -5.2%, MOT -4.4%, XLNX -2.4%, TXN -2.4% and TER -2.2%. Supports for the SOX index are at 287 and 285 in front of the more important floor at 281/279 (Nov low, 62% retrace of Oct/Dec rally). Initial resistances area at 293 and 295/296. 10:45AM Micron back to $9.80 one-yr low set Dec 19 (MU) 9.81 -0.49: 10:39AM Nasdaq Composite intraday levels : -- Technical -- Index (1346) stabilizes after the early slide but the first step to help improve the intraday tone is to sustain a push beyond the 1351/1353 area. Next minor resistances are at 1358 and 1363. Failure leaves the door open to the 1334/1330 area with the Mid-Nov low at 1319. 9:07AM Actel upgraded at Needham (ACTL) 16.06: Needham upgrades to Strong Buy from Buy due to valuation as well as their expectation that the co's high-speed serial interface products available in 2003 should bolster an already-enhanced product portfolio; target is $26. 7:53AM CSFB comments on SIA data : Worldwide semiconductor revenue grew 1.3% on a 3-month moving average and increased 2.6% on a single-month basis in Nov. According to CSFB, year-year growth rates on a 3-month moving avg basis show both revs and units decelerating for the second consecutive month since peaking in Sept. 7:16AM American Power could rise to $20 over next yr -- Barron's (APCC) 14.84: 7:08AM Network Appliance: Barron's questions valuation; could fall to $5 area (NTAP) 10.82: Barron's concerned that stock's 50x EPS multiple is rich, particularly given that the group avg is about 35x. Article notes that while competitors such as EMC have seen margins crumble, NTAP continues to enjoy robust margins. But with the likes of Dell encroaching with price-competitive technologies supplied by EMC and Microsoft, NTAP may have difficulty reigniting sales, or even maintaining its distinctive profit margins. "If those measures do slip, the share price could head back toward $5." finance.yahoo.com^SOXX+ACTL+ALTR+AMAT+AMD+APCC+BRCM+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NTAP+NVLS+TER+TXN+XLNX+^IXIC+^NDX+^SPX+^VIX+^VXN+^STI.N+SMH&d=t G, I think there were plenty of shoppers this Christmas but they bought a lot of discounted merchandise and obviously those discount retailers did not make near enough to satisfy investors. RtS