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: BMcV who wrote (15815)	6/20/2004 9:08:37 PM
From: Czechsinthemail	Respond to of 95525

The "something else" in this case should be the quality of second-quarter earnings. The news on that front may be outstanding because we've seen few negative preannouncements, although we're right in the middle of confession season. On NBR, they reported an usually low percentage of negative preannouncements relative to positive preannouncements for 2Q. If not before, I think that the combination of strong 2Q announcements combined with strong 3Q forecasts should give the market some lift. Another possible trigger for semi and semi equip stocks is a rotation of money from biotech and energy companies. Too much money has been betting defensively on an early end of cycle -- in most cases based on the assumption of higher oil prices. Comparatively, the upside potential of semi-related stocks looks better should the economy continue to grow at a strong clip.