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

To: Donald Wennerstrom who wrote (59846)	5/9/2013 8:09:39 PM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) \| Respond to of 95358

S&P MAINTAINS STRONG BUY RECOMMENDATION ON SHARES OF MEMC ELECTRONIC MATERIALS 10:06 AM ET 5/9/13 \| S&P Marketscope We raise our '13 operating EPS estimate $0.09 to $0.20, '14's by $0.21 to $0.47, and '15's by $0.08 to $0.57. We keep our 12-month target price at $7.00, on a P/E near peers. WFR posts Q1 operating loss per share of $0.16, vs. a $0.26 loss, narrower than our $0.22 loss estimate. Operating revenue fell 39% from Q4, above our view, on stable semiconductors but sharply lower solar sales. Margins narrowed on lower volume and less favorable solar mix. We are optimistic of WFR's backlog and margin potential from these projects, which we see generating healthy earnings by '13 end.