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


To: Donald Wennerstrom who wrote (31383)7/11/2006 1:08:51 PM
From: Donald Wennerstrom  Respond to of 95598
 
13:00 ET Dow -53.93, Nasdaq -19.98, S&P -6.14

[BRIEFING.COM] More of the same for stocks as the Nasdaq continues to outpace its blue chip counterparts to the downside. Networking continues to be the thorn in the tech-heavy index's side as Lucent's warning weighs on competitors like CSCO (-2.9%), JNPR (-2.8%), JDSU (-4.2%) and ERICY (-2.5%). On a positive note, however, a sense that continued losses in the semiconductor group are overdone has prompted some bargain hunting interest, especially in shares of MRVL (+1.9%); but the absence of leadership from larger-cap names like INTC (-0.3%) and AMAT (-1.3%) is stalling recovery efforts. ..SOX +0.3%.