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

To: Sam who wrote (48592)	7/20/2010 7:55:20 PM
From: The Ox	2 Recommendations Respond to of 95616

There are a couple of analysts who are very bearish on companies like XLNX and ALTR. They have been wrong for many quarters but that hasn't changed their published estimates much. It does not matter what these companies report, these bozos refuse to budge from their "doom is near" stances. One clown had 42 cents for ALTR's quarter, underestimating by 24%! Hard to believe that this person even has a job at this point, unless the point is to encourage the 6% short position that they are holding the proper position. Keep in mind that "sell the news" has been the play, as you have noted. Even the most bullish estimate for ALTR's next quarter will have to be adjusted up by about 6%, just to reach the midpoint of the company's revenue guidance. I'm sure the bears will point out that the stock is up 20% since early June lows. I suppose that is enough reason for short termers to justify selling on the news. Pretty interesting to me is that LLTC (23%) and MXIM (15%) are expected to have well over double digit growth YoY and XLNX(5%) and ALTR(6%) are both currently showing very low revenue growth, using the average of analysts estimates. I am pretty confident that if we look back at this post 1 year from now, that those numbers will look absolutely silly for how low they were regarding ALTR and XLNX.