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

To: Donald Wennerstrom who wrote (54303)	10/20/2011 5:57:21 PM
From: Donald Wennerstrom	2 Recommendations Read Replies (1) \| Respond to of 95559

SanDisk beats by $0.13, reports revs in-line 4:11 PM ET 10/20/11 \| Briefing.com Reports Q3 (Sep) earnings of $1.20 per share, $0.13 better than the Capital IQ Consensus Estimate of $1.07; revenues rose 14.8% year/year to $1.42 bln vs the $1.42 bln consensus. Co reports Q3 non-GAAP gross profit margin of 44.3% vs. 42-44% guidance. "We again delivered record revenue and strong profitability, driven by robust demand in our diversified end markets... Our broad portfolio of innovative storage solutions positions us exceedingly well to capitalize on our numerous growth opportunities in smart mobile devices and consumer and enterprise computing platforms."

To: Donald Wennerstrom who wrote (54303)	10/21/2011 10:00:45 AM
From: robert b furman	Respond to of 95559

Hi Don, No doubt in my mind - it was inital selling to drive down the price - with the real motive being covering a large short interest. This market is about to explode higher and there is an unwind of huge short positions going on through all equities. The talk about recession is being dismembered if you listen to many webcasts. When the Christmas season gets traction - the lower inventory will put all chip makers back to work. I think the delay in ipads is from competitors who now realize they must not only build a great net book/pad they must be better than ipad and that is back to the drawing boards. I still only use my lap top - I don't want or need and additional device. Just me. Cohu may fall back a bit but it has seen its last sub 10 I believe. There are almost 800,000 shares short.Over the many years of watching there is almost always 300,000 shares short. Yesterday's action did not come close to covering the 500,000 shares short. Now what we need is an investment bank margin clerk to say cover your position or we will for you!! Hello teens.LOL Bob