Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Donald Wennerstrom who wrote (56750)	6/29/2012 8:39:17 PM
From: Donald Wennerstrom	1 Recommendation Respond to of 95432

This is the weekly update of the Group and SOXM(SOX) tables in terms of earnings estimates and price changes. Earnings estimates continue to trend downward, particularly for the SOXM stocks. It is not a big amount each week, but it is rather steady. Earnings for the SOXM peaked out for both Cur Yr and Nxt Yr the week of 3/4/11 at 47.77 and 50.54. There have been some changes in the SOXM makeup since that date, but nevertheless the trend has been down to close at 29.21 and 38.24 to set another interim low this week. The SOX index has had 4 up weeks in a row. The index has gone from 353.17 to 385.46, a gain of 9.1 percent. If the news from Europe continues to be good for the market the SOX might have another green week, but it is ripe for a pullback.