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

To: Donald Wennerstrom who wrote (15216)	5/17/2004 5:46:01 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95729

TER and ASE to cooperate. host.wallstreetcity.com <<BOSTON, May 17, 2004 (BUSINESS WIRE) -- Teradyne, Inc. (NYSE:TER) and Advanced Semiconductor Engineering, Inc. (ASE. TAIEX: 2311, Nasdaq: ASX), the world's largest assembly and test subcontractor, announced an agreement that integrates test system planning for all ASE sites and includes the volume purchase of over 90 Teradyne test systems. The order involves Teradyne's Tiger and Catalyst test systems. The systems will be delivered to ASE's facilities over the next two years. The strategic agreement provides ASE with test capacity and support to meet the demands of the fast growing assembly and test subcontract market, and strengthens Teradyne's position as the vendor of choice for system-on-a-chip (SoC) testing.>> [snip]

To: Donald Wennerstrom who wrote (15216)	5/17/2004 5:47:33 PM
From: Kirk ©	Read Replies (2) \| Respond to of 95729

"Maybe tomorrow will be a better day." I doubt it.. during the conf call, they said even if China slows, the orders will still be up a good deal.. and that they are seeing good spending in all segments, and they raised guidance... and test & measurement was up 16% due to grey market is out of used gear and companies are buying new stuff to expand... semi's are booming and they think it will continue longer than "some" say... so this much good news should be worth a 20% haircut tomorrow. -g- fwiw, there was good support at $25 back in 2001 so my hunch is the odds are high for similar support there cbs.marketwatch.com but I have powder dry should there be a test of the $20 area... I think I heard a question from Fitzgerald of BofA... the bear on the semi sector. He likes Agilent so if Agilent tells him orders are still strong... naw, too much to hope for him to get bullish on the rest of the sector. -snort Kirk

To: Donald Wennerstrom who wrote (15216)	5/18/2004 10:19:12 AM
From: Kirk ©	Read Replies (1) \| Respond to of 95729

Too much good news from Agilent yesterday ... the market seems to have choked on it. Agilent opened up at $26.20 but is now 1.6% in the red at $25.11!!!! Big surprise on top line growh and words like these: "Agilent's businesses are clearly picking up, with virtually all of our major markets and all geographies gaining momentum," said Ned Barnholt, Agilent chairman, president and chief executive officer. "Orders and revenue were at their highest levels since early 2001. Operating earnings per share of 24 cents were near the top end of our guidance range -- three cents better than the first quarter and 39 cents above last year." just show no good news goes unpunished! ... probably a great opportunity here... I added yesterday to my newsletter position. This AM on CNBC: [excerpt from my newsletter email] Ed Barnholdt, CEO, was on CNBC. Said recovery has spread from semiconductor area last year into all their business sectors this year. He expects double digit growth rates into 2005. Expects end markets to grow 8-10% over next 3 to 5 years. He thinks they can out grow the markets overall and grow roughly in the 12 to 14% range over the next 3 to 5 years. Selectively hiring domestically and overseas in areas where they have several quarters of growth. Amazing how silly this market is. It nearly hit $39... just shy so I missed selling more.. which was a very high number, but $25 now seems silly... Kirk