Enron Mail

From:midday18@alerts.equityalert.com
To:alewis@ect.enron.com
Subject:Your News Alert for TXN
Cc:
Bcc:
Date:Thu, 18 Oct 2001 09:02:26 -0700 (PDT)


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[IMAGE] [IMAGE] =09 As requested, your News Alert for TXN follows from Eq=
uityAlert.com. Semiconductor Sector Fails To Break Through Resistance -=
Commentary Part 2 (RealTimeTraders.com) - Wednesday we alerted readers=
the Philadelphia Semiconductor Sector index was testing an important resis=
tance level. After being unable to break through this resistance level over=
the past 4 sessions, the index steadily pulled back on Wednesday and close=
d at the worst level of the day. On the session the index lost 34 points or=
7.4% and closed at 428. Given that a slew of semiconductor related compan=
ies including Advanced Micro Devices (AMD) and Texas Instruments (TXN) repo=
rted negative earnings after the close on Wednesday should further pressure=
this index on Thursday. Another stock to watch on the downside within this=
sector is Micron Technology (MU). According to a Dataquest, Inc. report, D=
RAM revenues are once again expected to decline in 2002. In 2001 DRAM reven=
ues are expected to drop by 67%, and in 2002 DRAM revenues are expected to =
drop another 19%. Since Micron Technology's main product line is in the DRA=
M arena, it could come under some pressure. Copyright© 2001 RealTimeTrad=
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