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

To: The Ox who wrote (9816)	5/15/2003 1:32:04 PM
From: Return to Sender	Respond to of 95656

From Briefing.com: EMKR Short-Squeeze Alert -- EMCORE (2.40 +0.19) May begin to see interest develop in name as shares of semiconductor stock clear the 200-day moving avg. Today's 8.6% advance is occurring on 1.6x avg volume of 120k. Specifically, EMKR is a provider of compound semiconductor products for the broadband and wireless communications markets. Short-interest represents 6.5% of the 28 mln share float. 12:43PM Motherboard supply comments seen as potential negative for ICST 23.05 +0.79: Intel data could be deemed negative for ICST in light of ICST's clock chip business being directly tied to motherboard volumes. (If trading for downside action here would be cognizant of the relative strength in ICST intraday, and high short-interest of 14%). 12:17PM Takeaways from motherboard conference call : We are hearing that Smith Barney is out with cautious comments on PC chip vendors in light of motherboard conference call. In addition, supply chain building inventory at the request of customers also deemed as negative from chip-level point of view. 12:11PM INTC: Hearing tier-one firm out with cautious comments intraday 19.69 +0.03: 10:59AM INTC turns lower intraday on talk that website raising inventory concerns 19.69 +0.03: 12:08PM Economic Data : Philly Fed softer than expected at -4.8. Employment inched higher to -10.9, inventories sank to -7.3, shipments rose to -2.3, outlook fell to 45.2 and capital spending fell to 8.4. Both prices paid and received fell to 8.9 and 2.1, respectively. Market averages extend pullback with the Dow and S&P 500 slipping into the red, Nasdaq Comp just above unchanged. 12:03PM Philadelphia Fed Index for May at -4.8 : Initial reaction in the market is slight disappointment given the earlier strength in the Empire State Index. 9:56AM SanDisk follow-up: Stock blows through its 52-wk high (SNDK) 29.39 +0.59: Stock was highlighted on this page yesterday as traders positioned in the stock late in the day for a breakout to a new 52-wk high. After slipping in early action, stock has exploded off its lows to take out the $29.20 high. As noted yesterday, short-interest in this name is roughly 25%. 8:05AM Plexus Corp cut to Sector Perform from Outperform at RBC (PLXS) 11.63: The downgrade follows a 46% surge in price over the past 3-4 months vs 13% for the NASDAQ. Price target $12.50 7:16AM Lam Research cut to Reduce from Neutral at UBS -- valuation (LRCX) 16.62: finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+EMKR+ICST+INTC+KLAC+LLTC+LRCX+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+PLXS+SNDK+TER+TXN+XLNX+^IXIC+^NDX+^SPX+^VIX+^VXN+^STI.N+^STI.O+SMH&d=t