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


To: The Ox who wrote (48134)6/8/2010 2:58:48 PM
From: Gottfried4 Recommendations  Read Replies (1) | Respond to of 95594
 
TO, I keep this chronology of international events MARCH 1938 TO DECEMBER 1941 as a reminder. Compared to THAT, today's troubles are a walk in the park.

ibiblio.org




To: The Ox who wrote (48134)6/8/2010 3:29:00 PM
From: Donald Wennerstrom1 Recommendation  Read Replies (2) | Respond to of 95594
 
Ox, Good to hear from you as always and you had a lot of good things to say. However, right now there are millions of people in the market out there who are not buying what you are saying.

I am an old retired guy who has seen a lot of nervous markets in my past years, but they are never the same. We have the situation now where the tech sector has been in a nice recovery mode of sorts(after having been massacred beginning in mid 07 through 08, early 09), but that's about all the good things you can say.

The financial markets are a mess, and the over borrowing against the future around the world has reached about the end of its existence. This is not the decade of the 90's when most things were fine, unemployment was low and people had lots of money to spend when the market investments were consistently driving stocks prices higher. The SPX is lower now than it was in 1999(1500 then compared to 1050 today), and that is not even inflation adjusted! We have just come through the "lost decade" of the 00's with the market's tail between its legs.

Tech might be fine now, and I do expect a very nice quarterly reporting period in July, but how do you keep it going? The world financial situation has to be fixed and employment here in the U.S. and around the world has to get substantially better before we have real growth again in all sectors. We might have another decade to wait before that happens.

Here is one of my favorite charts from the dshort site.

dshort.com


We have a long way to go for the SPX to get back to the 99/00 numbers, and for the moment and foreseeable future, not much, if any, of an upturn in sight.

Don



To: The Ox who wrote (48134)6/8/2010 3:56:30 PM
From: FJB  Read Replies (1) | Respond to of 95594
 
If I had known the crappy response that beating earnings got across the tech sector, I would have got out. As it is, everything I own seems way too cheap to sell.

So I am just going to sit down here in the bunker with my barrel of whiskey and cigars, and wait for all this to blow over...

vancouversun.com



To: The Ox who wrote (48134)6/8/2010 5:47:02 PM
From: FJB  Read Replies (1) | Respond to of 95594
 
TI sees meeting high end of Q2 view

NEW YORK (Reuters) - Texas Instruments Inc said its second-quarter earnings and revenue would be at the high-end of its previous estimates.

The maker of chips for a wide array of products ranging from phones to industrial equipment on Tuesday forecast current quarter earnings per share of 60 cents to 64 cents per share compared with its previous target of 56 cents to 64 cents.

It said revenue for the quarter would be in the $3.45 billion to $3.59 billion range compared with its previous guidance for revenue of $3.31 billion to $3.59 billion.

The company had said in April that it was making "significant progress" in improving its delivery time for chips, easing a supply shortage that has recently plagued it.

TI's chief executive had said last week that he did not have visibility into any issues hurting the company related to the weak European economy and weakness of the euro against the dollar.

(Reporting by Sinead Carew; Editing by Richard Chang)