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

To: Donald Wennerstrom who wrote (50489)	12/22/2010 4:44:19 PM
From: cluka	Read Replies (1) \| Respond to of 95541

From MU earnings report: "In the company's Memory segment (which excludes Numonyx and other non-reportable segments), revenue from sales of DRAM products was 19 percent lower in the first quarter of fiscal 2011 compared to the fourth quarter of fiscal 2010 due to a 23 percent decrease in average selling prices partially offset by a 5 percent increase in unit sales volume. Revenue from sales of NAND Flash products was up slightly in the first quarter of fiscal 2011 compared to the fourth quarter of fiscal 2010 due to a 20 percent increase in unit sales volume partially offset by a 15 percent decrease in average selling prices. The company's gross margin for its Memory segment was 26 percent in the first quarter of fiscal 2011 compared to 37 percent in the fourth quarter of fiscal 2010, primarily due to the decreases in average selling prices, partially offset by decreases in manufacturing costs." I mistook their numbers for YoY.

To: Donald Wennerstrom who wrote (50489)	12/22/2010 4:47:29 PM
From: Return to Sender	1 Recommendation Respond to of 95541

Don, we have come a long way since I first joined this thread. All that I have been pointing out lately is that we have been overbought with weakening market breadth at a time when sentiment is overly bullish. The market has been ripe for some profit taking but volume has been so thin that there has been little to none. Next year should be another trading year indeed in my opinion. The trend remains up, until proven otherwise, and so far there is not enough conviction in the form of shares being traded to suggest that the uptrend is in danger of changing by anything other than some short term profit taking. Until then... Hindenburg, Bulls and where's the Bears? ;-) JMHO, RtS