SSB stuft Semis hoch -> Nasdaq-Future im Plus !!

[derSpekulant]

Stocks Soar on Chip Upgrade

By Steve Sakson
April 11, 2001

ONE OF WALL STREET'S earliest bears on the semiconductor sector has turned ever-so-slightly bullish, and his surprising call today sent tech stocks soaring in the premarket.
Salomon Smith Barney's Jonathan Joseph upgraded the sector to Outperform from Neutral this morning. The market, which has in the past few days taken off on the slightest hint of good news, reacted quickly and sharply.

Nasdaq 100 futures soared 42 points, their highest allowable limit. Futures tied to the S&P 500 rose six and the Dow industrials gained about 50 above fair value.

Joseph's call was accompanied by a similar note from Salomon's semiconductor manufacturing equipment analyst Glen Yeung, who also upgraded that sector.

The two calls far overshadowed Motorola's (MOT) news last night of its first quarterly loss in 16 years - a profit report that was even worse than the previously lowered numbers.

To be sure, Joseph's report is barely enthusiastic, saying his upgraded is "based on anecdotal order and shipment data that is so bad it cannot continue for long and sector data that suggests a fundamental bottom is only months away."

Just two days ago, Joseph reduced earnings expectations on Intel (INTC) and Texas Instruments (TXN). Intel's revenue from flash memory chips and communications chips may be coming in weaker than expected, he wrote, and Texas was suffering from soft sales of cell phones, which use the company's chips.

Today, Joseph upgraded Intel, Texas, Micron Technology (MU) and a handful of others.

Yeung upgraded Applied Materials (AMAT), and KLA Tencor (KLAC). "While equipment fundamentals should most certainly worsen over the next quarter and possibly two, we believe a fundamental bottom in the semiconductor market is becoming visible.

Yesterday, the Nasdaq Composite Index soared 106.32, or 6.1%, to 1852.03 and the Dow Jones Industrial Average shot up 257.59, or 2.6%, to 10102.74. The S&P 500 index leapt 30.79 or 2.7%, to 1168.38. The last time the Nasdaq was above 1800 was March 30, and the Dow last closed above 10000 on March 15.

Bond prices were mixed. The 10-year Treasury note yield was 5.07% vs. 5.08% yesterday, while the 30-year bond yield was flat at 5.62%.

[Heikosz]

Ist langsam Licht am Ende des Tunnels ?

Gerade deutsche Anleger und Börsendienste sind zunehmend optimistisch, wie folgende Tabelle verdeutlicht:
<BLOCKQUOTE><font size="1" face="Verdana, Arial, Helvetica, sans-serif">Zitat:</font><HR>
(erster Wert: aktuelle Erhebung, zweiter: Vorwoche)

Optimistische Börsenbriefe 24,20% 19,50% +
Pessimistische Börsenbriefe 14,50% 13,50% 0
Optimistische institutionelle Anleger 71,00% 71,00% 0
Pessimistische institutionelle Anleger 14,00% 14,00% -
Verhältnis Put- zu Call-Optionen (Aktien) 99,30% 98,80% ++
Verhältnis Put- zu Call-Optionen (DAX) 131,40% 138,00% +
Bewertung: Selektiv kaufen + [/quote]

Die US-Anleger sind noch nicht so optimistisch (jedenfalls nach folgender Tabelle):
<BLOCKQUOTE><font size="1" face="Verdana, Arial, Helvetica, sans-serif">Zitat:</font><HR>
Optimistische US-Privatanleger 35,10% 37,30% +
Pessimistische US-Privatanleger 26,10% 27,50% +
Optimistische US-Börsenbriefe 48,90% 48,90% 0
Pessimistische US-Börsenbriefe 38,30% 38,00% 0
Optimistische US-Anlageberater 16,00% 10,00% ++
Verhältnis Put zu Call-Optionen 75,50% 73,30% ++ [/quote]

Quelle: http://dieteleboerse.n-tv.de/stimmung.html

Trotzdem investieren intitutionelle Anleger langsam wieder in US-Hightechs, wie folgendes Ranking http://vtoreport.com/other/topholdings.htm
verdeutlicht.

Tschaun mer ma