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

To: sixty2nds who wrote (32549)	9/12/2006 9:42:20 AM
From: Donald Wennerstrom	Respond to of 95396

It looks like we are finally getting some good news and traction in the semi-equip and semi area. The following supplements your good report on AMAT. <<AMAT, AMD, DNA Upgraded; Electronics Retailers Slump [delayed] 09/12/2006 09:27:23 Ridgeland, MS, SEP 12, 2006 (EventX/Knobias.com via COMTEX) -- Equity futures are marginally below fair value levels, but have demonstrated a positive trend during the course of morning trading. McDonalds (MCD) is an early gainer following a robust 6% jump in August comps. Institutional brokers are also advancing after Goldman beat the street on EPS and revenue. Semis are marginally higher, but TXN trading is soft after the company failed to raise its quarterly EPS guidance. Semi equipment (AMAT) shares may get a boost from a CSFB sector upgrade this morning. Electronics retailers (BBY, CC, RSH) are indicated lower, after Best Buy beat the street but failed to raise full year guidance. Crude oil continues its decline and Lehman downgraded the now-beleaguered refinery industry, citing deteriorating margins. Baird upgraded Genentech to Outperform from Neutral, $94 tgt. ECONOMYICSC Chain Store Sales: (-0.3%) W/W; +0.3% prior; +3.8% Y/Y>> [snip} <<TECHNOLOGYSemis: Analysts are upbeat. Piper Jaffray sees strength in the high end analog and DLP business at Texas Instruments. + Analog chips: Piper says TI guidance is a positive for ISIL, LLTC, MCRL, MXIM as well. + DLPs: Piper says GNSS, HIMX & TRID should benefit from DLP demand. -- TXN: Texas Instruments narrowed its Q3 revenue guidance to between $3.71 billion and $3.87 billion, compared with the prior range of $3.63 billion to $3.95 billion. EPS guidance was also narrowed, to 44-46c from 42-48c. The narrowed guidance brackets the Reuter's consensus estimates. + AMD: Lehman upped Adv Micro Devices (AMD) to Overweight from Equal Weight. Semi Equipment: CSFB upgraded the equipment sector to Overweight from Market Weight. + AMAT: CSFB upped Applied Materials (AMAT) to Outperform from Neutral, $20 tgt. + NVLS, LRCX, KLAC: These are other names in segment include. Hardware: BAC says consumer demand is stronger than business demand, a positive for Buy-rated HPQ. Services:>> [snip]