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 : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dancy who wrote (1650)	12/15/1997 11:55:00 AM
From: H James Morris	Respond to of 2754

BT Alex Brown analyst Byron Walker downgraded the semiconductor capital equipment sector on Monday, according to a source at the firm. The following stocks were cut to market perform from buy: ADE Inc <ADEX.O>, Applied Materials Inc <AMAT.O>, ATMI Inc <ATMI.O>, Electroglas Inc <EGLS.O>, FSI International Inc <FSII.O>, KLA-Tencor Corp <KLAC.O>, Novellus Systems Inc <NVLS.O>, Speedfam International Inc <SFAM.O>, Veeco Instruments Inc <VECO.O>, and Zygo Corp <ZIGO.O>. LAM Research Corp <LRCX.O> remains unchanged as a market

To: Joe Dancy who wrote (1650)	12/15/1997 2:36:00 PM
From: Kent Sarikaya	Read Replies (2) \| Respond to of 2754

Joe, I agree with what you say, but it is getting hard to take. Just when you think it can't go any lower boom another drop. Here is part of a post from the NANO thread I thought was a good point by the poster... ...About the earnings estimates, what can I say ? Look at EFII: it had 4 strong buys (out of 4; one from "our" Prudential guys). And then in one day it plunged over 60% !!! About the semis sector: last weekend it was a very bullish article in IBD with the CEO of AMAT. 1998 seems to be a very strong year for the sector. It seems to me that the most famous market analysts (as Capiello, Stovall, Zweig, even Lynch, but he openly admits it), have great difficulties in comprehending the technology sector. Their knowledge does not go further than Walmart or Sears. Unfortunately, they make the calls in the market. I would rather go with The Motley Fool. They are the Future.