SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: stockycd who wrote (15340)2/2/1998 5:08:00 PM
From: Teri Skogerboe  Respond to of 70976
 
I doubt it, because the market seems to be in xtc mode now. But perhaps in a couple of days it comes back to reality. Also, the NSM news was out early in the day. I thought today was a feeding frenzy based on the fact that HK went wild. But, to use the now-famous phrase, what do I know? Other opinions?



To: stockycd who wrote (15340)2/2/1998 5:11:00 PM
From: gambler2  Read Replies (1) | Respond to of 70976
 
what happened today?? NSM??



To: stockycd who wrote (15340)2/2/1998 8:25:00 PM
From: Proud_Infidel  Read Replies (5) | Respond to of 70976
 
From Briefing:

Semiconductor Equipment
Brief: A very strong day for this group as investors sought out decent values in tech sector and this beaten up industry offers a number of attractive alternatives... Applied Materials (+1 7/8) took out important resistance and is poised for move to the low-40s... Company introduced a new, completely integrated pair of wafer defect detection systems that offer chip manufacturers a total solution for achieving faster yield gains throughout the wafer manufacturing cycle... Other big winners included Kulicke & Soffa (+1 7/8), Novellus (+1 11/16), Teradyne (+2 3/4) and Asyst (+1 7/16)... Even ETEC Systems pressed higher (+7/8) despite warning that it would miss its estimate due to delay in shipment of one system.



I personally am not a TA expert by any stretch of the imagination, but isn't the next area of resistance in the $36 range?? Any insight from our TA friends would be appreciated.

BK