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

To: Sam who wrote (77935)	11/29/2017 10:41:52 AM
From: booney1	1 Recommendation Recommended By Return to Sender Respond to of 95735

These companies should get a massive benefit from the repatriation of off-shore capital. According to Yahoo finance, LRCX has $38/share in cash. KLAC has $22. When the repatriation part of the tax bill becomes effective, they will return cash to shareholders by buy backs or dividend increases. My guess for the correction is that they have had a large run-up, and it's 7 weeks until earnings start coming in to serve as a catalyst. Meanwhile some other sectors seem to be running hot, so there's some sector rotation going on.

To: Sam who wrote (77935)	11/29/2017 11:08:43 AM
From: seminole	1 Recommendation Recommended By Donald Wennerstrom Read Replies (1) \| Respond to of 95735

Yeap, Fidelity having big problems (why I keep both Fidelity and Schwab accounts) Yes the SOX is getting hammered but so is Tech in general. I also think this is a rotation out of tech and into positions that will benefit from tax plan. While tech is down, retail (KSS, GPS, WBA) and financials are flying.

To: Sam who wrote (77935)	11/29/2017 11:15:07 AM
From: Donald Wennerstrom	1 Recommendation Recommended By Return to Sender Read Replies (1) \| Respond to of 95735

I was thinking the same thing as one reason for the selling. A lot of people have huge gains in these stocks and the down draft could easily be tripping a lot of stops on the way down. Also, some analysts, who are supposed to look at fundamentals and give guidance based on those fundamentals, decide that "enough is enough" and it is time to get out. Here is one instance. thefly.com