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


To: Gottfried who wrote (52351)6/10/2011 2:57:15 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95643
 
It will be interesting to see how it ends the day - presently selling around 8.80. This is a stock that the "market" loves to hate. Nothing is good enough at this point.

The market is pretty much "unloading" on all the stocks today. MU had a nice upgrade today, but even after the losses of the last many days, no uptick on the stock - presently selling off from yesterday's close about 2 pennies.

I heard a "noted economist" on TV this morning saying that even though median house prices are down nationwide about 33 percent from 2006, he expects another 10 to 25 percent drop from here. Not the kind of news that puts a tailwind behind the market.

Don