RE:RE:Let's see what pans out in Nov...altman - the sp is mirroring Lam research- The key in Nov is to get an update on the China distribution agreement. I dont expect an earning beat ... they are very conservative folks and stick to their guidance.. ( China has a 4B market and 15% of their current rev is from China - that is one hell of a market out there; and canada has no tarrif issues with China)
Lam research is reporting on Oct 16th .....it will be interesting to see what happens there - the fall in Lam research looks a bit too much to me...238 to 142 ..... well it is tech so it is volatile. Micron reported decent numbers.
Almost every day an analyst comes out and "downgrades" semi space - ( or in short they are buying).... we should be near a bottom but well i could be wrong.....
( zero debt company with 41M cash in hand - will survive a downturn easily; key is they are executing really well give them some time )