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: michael97123 who wrote (13791)	3/8/2004 6:22:53 PM
From: Donald Wennerstrom	Respond to of 95411

<<Maybe TI will take a bold stance today, but i dont expect that. Mike>> Well, TXN had a good report, but apparently it was not good enough to prevent losses in the AH stock price as reported below: <<After the Bell-Texas Instruments declines, Cymer rises 3/8/2004 5:46:11 PM NEW YORK, March 8 (Reuters) - Texas Instruments Inc. (TXN) shares fell after Monday's closing bell after the company said it expects to hit the high end of its first-quarter earnings and revenue targets. Shares of Texas Instruments, the largest maker of chips for cell phones, dipped to $30.45 on the Inet electronic brokerage, down from their close of $30.60 on the New York Stock Exchange. TI forecast revenue of $2.835 billion to $2.95 billion and earnings per share of 19 cents to 22 cents. It also pegged revenue of $2.5 billion to $2.6 billion in its semiconductor division. Cymer Inc. (CYMI) shares rose 4 percent in after-hours trading after an upbeat revenue forecast. Shares of Cymer, a maker of ultraviolet light sources used in the making of semiconductors, climbed to $39.95 on Inet, from its Nasdaq close of $38.52. Cymer said it expects revenue to rise 12 percent to 15 percent from the fourth quarter, and total $81.8 million to $84 million. It previously forecast a 5 percent to 10 percent increase. Cymer also said it expects gross margin at the high end of the 35 percent to 40 percent range. In regular trading technology stocks ended down on Monday, as investors worried over the high prices of some technology shares, which were leaders in last year's stock market rally. The Philadelphia Stock Exchange semiconductor index (SOX) fell 3.76 percent.>> Don

To: michael97123 who wrote (13791)	3/8/2004 7:29:48 PM
From: robert b furman	Respond to of 95411

Hi Mike, It will take earnings and a good vision looking forward. So far we've seen earnings work fron red to black,but few have had very positive forwaed visions. The best forward vision will be reported when backlogs are growing faster that revenue has ramped up. I'm thinking we're seeing a consolidation here. I don't think we'll slip into new lows with revenue growing. My bet is this top will be smaller than the 99 -00 blowoff was.In many cases SCE stocks had 4-5 breakouts from bases. My stocks have had double and triple bottoms with a break out from their first cup and handle. I think we'll need to be patient til April.For those stocks that increase earnings and say biz is getting better thaey could well work back up to new highs and have a second base breakout. 05 might give a select few stocks a third base breakout. But that's getting the horse before the cart. Shakeouts are a legitimate form of gaining accumulation.They are to be expected in a growth stock.Look at a long term chart of Csco - a hero of all stocks.Csco had many 20 -30 % shakeouts. These are best endured after your adjusted base gives you a nice cushion. Bob Bob