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

To: Donald Wennerstrom who wrote (48763)	7/31/2010 8:19:23 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (2) \| Respond to of 95427

This is the weekly update of the LRCX and WFR tables. Some interesting news for both stocks this past week. LRCX released their quarterly earnings this past week which were very good. Since LRCX operates on a FY year from June to June, this was the 4th quarter report for FY 10. This report caused the analysts to review the situation and adjust their earnings estimates for FY11 and FY12. Also, of course, FY 11 earnings rolled over to Cur Yr estimate and FY 12 rolled over to Nxt Yr estimate. These 2 factors caused Cur Yr and Nxt Year numbers to jump from 2.41 to 4.79(+99%) and 3.85 to 4.91(+28%). At the same time however, LRCX price went from 42.30 to 42.19(-0.3%). Apparently the market wasn't impressed with LRCX's performance.:) WFR had sort of the opposite week. They missed their earnings estimate and revenue estimate, and their outlook for 2nd half revenues did not meet consensus expectations. As a result, earnings estimates decreased somewhat, but the price really tanked. For the week, the price was down over 2 dollars a share which caused a new low for WFR since the table was started in 8/29/08, this is a period of nearly 2 years of a downward trend. Probably WFR is going to "bounce up and down" in a bottoming trend until several months down the road when it may start a true upward trend. As a result, I am going to terminate posting this table on a weekly basis. The entire table is becoming a little unwieldy, and the action for both stocks will be much different going forward.