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


To: Donald Wennerstrom who wrote (50932)1/23/2011 1:42:21 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) | Respond to of 95525
 
This is the weekly update of the SOXM(SOX) tables in terms of earnings estimates and price changes.

After a blowout week last week, a lot of back tracking in this 4 day trading week. While the Group and SOX prices in the large table did not drop all the way back to last weeks number, the SOXM wiped out all of last weeks gains to finish below the week of 1/7 as shown in the smaller table on the bottom. Earnings estimates for the Group were up sharply, due primarily to ASML, while the earnings estimates for the SOXM dropped a small amount.

Looking at the SOX price column, the index has come a long way from the week of 9/3/10. Then it was 328.71 and now it is 431.65, a gain of over 100 points. Since that starting point, only 5 weeks have been down while 15 weeks have been up. The Group is also up over 100 points over this period, 288.56 to 393.53. In the Nxt Yr earnings estimate column, the Group number has made a new high this week. The SOXM number has been trending downward since the week of 8/20/10.