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: Donald Wennerstrom who wrote (30727)	5/30/2006 5:43:19 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 95413

Semi Equip: CIBC Ups Industry to Mkt Wt from UnderWeight [delayed] Tuesday May 30 2006 08:11:06 EDT Ridgeland, MS, MAY 30, 2006 (EventX/Knobias.com via COMTEX) -- CIBC upped the industry to Mkt Wt from Underweight. CIBC sees 5-8% growth in 2007, but valuations discount a worst-case sales downturn next year. Near term CIBC is calling for a 2H order decline. CIBC upped TER to Sector OP from Sec Perform and recommended AMAT & ASMI as well. RBC Cap upgraded AMAT to OP from SP. + AMAT: CIBC calls Applied Materials a defensive play. RBC Capital upped Applied Materials to OP from Sec Perform. Firm anticipates a growing second half order book. Note: Insider selling at AMAT, slowed to nothing over the last 90 days compared to 3.1 million shares in the last 12 months. + ASMI: CIBC notes ASM International's restructuring efforts. + TER: Teradyne was upped to Sec. OP from Sec Perform; tgt to $19 from $17. CIBC sees a 2H game console ramp up boosting Teradyne shares.

To: Donald Wennerstrom who wrote (30727)	5/30/2006 10:11:04 PM
From: robert b furman	Read Replies (1) \| Respond to of 95413

Hi Don, Well here we go again. We've got a glut,but Capex is being evenly built out with out peaks or valleys by almost all flash makers (while pricing remains firm). Inventory gluts are accordingly much more manageable and recover much more quickly. Vista is delayed one quarter and rumors fly about another,while Mr Softee says it'll be out in January. Looks to me like we're on a verge of a very long awaited upgrade cycle and memory will be certainly short if Microsofts past upgrade are any indication (they suck up the need for memory. Nand memory seems to be more associated with consumer devices that just get cheaper with more capabilities- sounds like a memory eater to me? I have a new Treo 700 and cannot tell you how long I've wanted to get quotes while driving down the road - it is too cool. I've dreamt of this for decades. I LOVE IT !! These new innovations will surely propel the semi's into huge growth within the next 18 -24 months.IMO I recall Lam's December dip below its 50 dma - just as a broker said orders would be light.Nice 50% move up since then.GG stockcharts.com That being said,Cohu on a record high backlog has dipped below itsJune 05 low of 17.60ish. stockcharts.com Semi's are famous for severe dips and Cohu like Lam has had a nice runup and appeared to be leading. Lam's fundamentals have been superior and screaming cycle top has worked in the past. ADX is going the wrong way and that suggests more down. I still say we need big cap leadership before the smaller niche success stories are safe buy the dips. If what happened to Cohu applies to Lam it will test 25-26. Not a time to be overweight and the selling should have been done back when Macd made a new high on a lesser value. Those are about as famopus a last words as I've ever had.GG For what its worth - I'd wait for the SAR reversal indicator to violate below the 50 day ma before I'd panic and an "Add To" at 40.57 might be good for a pop. BWDIK Bob I still think Cohu will give me a second retest bottom as it acts relatively well for a while and then goes through a fast price decline that scares a lot of people out of their position. Wondering if the new Treasury Secretary has given Wall Street a shocker by taking on the job.It would be wake up call to the shorts. If they can manufacture a final shake out - one in which their shorts need to finally be covered,or it will be time for a squeeze of the newbie shorts,who didn't get the after hours phone call. Just dreaming,but W just got wall street in his camp - that has at least subtle callings.IMO Bob P.S. interesting how the SOX didn't hit a new low in today's washout?