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



To: Donald Wennerstrom who wrote (55395)2/3/2012 5:06:00 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) | Respond to of 65539
 
This is the weekly look at the Group stocks in terms of percent change.

MTSN up 23.7 percent, COHU down 4.9 percent. Fifteen of the 18 stocks up for the week, and all numbers well into the black at the bottom line.




To: Donald Wennerstrom who wrote (55395)2/3/2012 7:06:59 PM
From: Jerome1 Recommendation  Read Replies (2) | Respond to of 65539
 
Some things to pay attention to.....

ATML, CREE, ang GLW missed expectations big time. The stocks crashed for a few days and then resumed upward momentum. So bad news is only temporary. ATML warned this morning, opened lower and finished up about 3 %. CREE and VECO have almost identical 3 and six month charts. VECO makes the machinery that CREE uses for its LED lighting.

The difficulty many of us have is that we pick the right stock, but the wrong time frame. I'm long some DELL, AMAT and CSCO that have gone nowhere until very recently. Great stocks ...wrong time frame...

No resolution to this problem, as entry points this past year have become the hill top of a downward slide. At one point a few months back I had 10 out of 12 positions in the red.

If the BTB for the semi equipment stocks continues to rally past 90 look for a strong rally in these stocks.

JMO....Jerome


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