GS MKTS

Bad News For Semis: Equipment Orders Continue To Rise

Excellent note - Additionally, CSFB is downgrading the sector this morning. Their note is pretty good. Specifically, they have downgraded VSEA & LRCX as well.

Taiwan Semi's Founder Predicts Gloom and Doom For the Chip Industry

ENTIRELY in agreement ... I was voicing my frustration at the shallower cycles and ever increasing hordes of folks trying to jump on the same trades. The only name I like into this ever increasing cycle of lower cost / higher product number is TSRA ... have to work more on it.

Taiwan Semi's Founder Predicts Gloom and Doom For the Chip Industry

Well, its good for the semicaps though (although that is in bubble mode too - memory glut). But it explains the shallowness of the cycles to a large extent.

Communication Chip Producers To Suffer From Weak Motorola Handset Sales

The semi resiliency has indeed been frustrating, but I am cautious on the SMH itself now - check out the weekly chart with a negative formation now. Also today's GS call on weaker MB data is helping. There is a definite bid to the names.
I posted on your INTU comment - that is a v interesting note.

Communication Chip Producers To Suffer From Weak Motorola Handset Sales

William - nice call on TXN; I was surprised at last night's action with the strength. I just read your article referencing this comment thread as well.

Communication Chip Producers To Suffer From Weak Motorola Handset Sales

Hello, very fair - LLTC getting hurt bad today and the SMH is down. Although, it is worth noting that the SMH actually opened up today and when the oil inventories number came out, it reversed and has not looked up since then.
Given that LLTC is an early indicator and the volatility of the eps season, which names specifically do you think have most room to the downside? ISIL reports today and should be interesting as well like LLTC. Thank you.