AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)

Investor's Business Daily

| March 01, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Real Most Active

Techs continued spiraling downward Wednesday, as the Nasdaq fell to its lowest level since December 1998.

The index attempted to rally higher, but finished the day down 55.99 points, or2.5%, at 2151.83. The Nasdaq 100 lost 2.9% to 1908.32. Volume swelled 15% to 2.07 billion shares.

Chipmakers and chip equipment firms felt the pain. Elantec Semiconductor led its group south, dropping 10.88 to 19.81 on nearly quadruple typi

cal volume. The circuit chipmaker warned second-quarter profits will miss estimates, citing a slowdown in personal computer demand. The firm now expects earnings will be 20 cents to 22 cents a share. Analysts expected 38 cents. The stock is at its lowest level in more than a year.

Linear Technology sank for the third straight day, losing 4.06 to 39.63 on nearly triple normal trade. The chipmaker is now at its lowest level since January 2000. Vitesse Semiconductor slid 4.13 to 39.44 on nearly two times daily turnover. Since last week, the stock has been traveling below both its 50- and 200-day moving averages.

Many chip equipment makers sliced their 50-day moving averages on the way down.Cabot Microelectronics plunged 10.09 to 60.56 on triple usual volume. Rudolph Technologies shed 3.25 ...

Related articles from newspapers, magazines, journals, and more
THE REAL MOST ACTIVE Nasdaq Stocks Rally; Chip Equipment Up.(B)
Magazine article from: Investor's Business Daily December 5, 2001 700+ words
Byline: Monika Tjia Techs pushed the Nasdaq higher Tuesday. Of the top 25 performing groups, 21 were...point of 24.55. On Tuesday it closed 11% above its pivot. Chip equipment stocks rallied after a UBS Warburg analyst said the industry...
Chip Equipment Firm Rounds Out Its Base.(B)(NASDAQ STOCKS IN THE NEWS)
Magazine article from: Investor's Business Daily January 9, 2002 700+ words
...identify chip defects. On Monday, USB Piper Jaffray upgraded KLA to outperform from market perform. It cited recovery of the chip equipment market. Last quarter earnings rose 130% to 44 cents a share. The firm will announce fiscal second-quarter profit on...
Chip-Equipment Sector Hasn't Bottomed Yet, Says Morningstar.
Press release article from: Business Wire March 29, 2001 700+ words
...in his article, "The Chip-Equipment Sector Hasn't Bottomed...past three months, the Nasdaq has fallen 25 percent, yet chip-equipment shares have edged up...represent 70-80 percent of chip-equipment spending, it's fair...
New Zest for Chip-Equipment Stocks.
News wire article from: The America's Intelligence Wire January 21, 2004 700+ words
...bid up stocks in the chip-equipment sector 72% in 2003...Tortoriello expects overall chip-equipment sales to grow 30...recently added to the Nasdaq 100 index. "MORE...Kevin Vassily, a chip-equipment analyst at Susquehanna...
UPDATE 1-Chip-equipment makers help techs gain traction.
News wire article from: The America's Intelligence Wire October 13, 2005 700+ words
...helped by gains from chip-equipment makers. Lam Research...He also thinks the chip equipment sector will start to...the world's largest chip equipment maker, rose 2.4...The tech-heavy Nasdaq Composite Index rose...
UBS gives boost to chip equipment stocks.
News wire article from: The America's Intelligence Wire September 4, 2003 700+ words
...software, it was the chip-equipment group's turn to shine...recommendations on eight chip-equipment makers. In particular...into 2004, with the Nasdaq reaching the 2,000...Walker believes that the chip-equipment companies will follow...
UPDATE 2-UBS gives boost to chip-equipment stocks.
News wire article from: The America's Intelligence Wire September 4, 2003 700+ words
...software, it was the chip-equipment group's turn to shine...recommendations on eight chip-equipment makers. In particular...into 2004, with the Nasdaq reaching the 2,000...Walker believes that the chip-equipment companies will follow...
UPDATE 1-UBS gives boost to chip-equipment stocks.
News wire article from: The America's Intelligence Wire September 4, 2003 700+ words
...software, it was the chip-equipment group's turn to shine...recommendations on eight chip-equipment makers. In particular...into 2004, with the Nasdaq reaching the 2,000...Walker believes that the chip-equipment companies will follow...
Chip Equipment Orders To Rise In '08.
News wire article from: The America's Intelligence Wire March 9, 2007 700+ words
...FinancialWire-9 March 2007-Chip Equipment Orders To Rise In '08 (C)2007...March 9, 2007 (FinancialWire) Chip equipment stocks including Applied Materials (NASDAQ: AMAT) and KLA Tencor (NASDAQ: KLAC) rose on speculation that...
UPDATE 2-Chip-equipment stocks check technology sector.
News wire article from: The America's Intelligence Wire November 18, 2004 700+ words
...SAN FRANCISCO (CBS.MW) -- Chip-equipment stocks faltered Thursday, reflecting...edged only slightly lower. The Nasdaq Composite Index eased 4 points...up. Nevertheless, most other chip-equipment stocks fell Thurday: Lam Research...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA