Shareholder's Reports Available for AU Optronics and Applied Micro Circuits -- Tech Stocks Rally Loses Steam
July 16 2010 - 8:56AM
Marketwired
www.RothmanResearch.com analyzes the technology sector's trends and
weaknesses and gives members an in-depth analysis on companies like
AU Optronics Corp. and Applied Micro Circuits Corp. Sign up today
on www.rothmanresearch.com to access these free reports.
The second quarter 2010 has so far been a great run and tech
stocks have received a mega boost from the earnings feat Intel
served a few days back. However, looking at after market trades, it
would seem that investors are slowly losing that optimistic
momentum as they ponder on industry experts' skepticism that the
technology sector is weakening with signs that the PC market is
heading in the wrong direction. It looks like the rally is already
fading away for tech stocks and it would be interesting to see how
stocks like AU Optronics Corp. (NYSE: AUO)
will react ahead of its earnings release due to be posted at the
end of this month. Additionally weighing on the balance is news
from the Fed which indicated that the economic recovery is going to
be slower than expected in the U.S. and this economic status-quo
could be reflected throughout 2011. www.rothmanresearch.com
provides technical analysis and free downloadable research reports
on AU Optronics Corp. by signing up now at
http://www.rothmanresearch.com/article/auo/23685/Jul-16-2010.html
www.rothmanresearch.com is a source for investors seeking free
information on Technology Stocks; investors and shareholders of AU
Optronics Corp., Applied Micro Circuits Corp. and Marvell
Technology Group Ltd. are encouraged to sign up for free at
http://www.rothmanresearch.com/index.php?id=6&name=Register.
Whilst the Intel earnings surprise had been a factor for
optimism, the market looks like it is heading for a mixed session
today. There is some hope, however, as Taiwan Semiconductor, whose
clients include a number of fabless high-tech companies like
Applied Micro Circuits Corp. (NASDAQ: AMCC),
Qualcomm, Marvell and many others, announced today that it is
planning to invest $9.4 billion in a new plant in Taiwan.
Complimentary reports on Applied Micro Circuits Corp. can be
accessed at
http://www.rothmanresearch.com/article/amcc/23687/Jul-16-2010.html
"Following Intel's robust second quarter readings which left
Wall Street analysts dumbfounded, investors might have a tendency
to anticipate similar results from other semiconductor players in
this space," commented Mathew Collier of www.rothmanresearch.com.
"However, we would like to remain cautious and not read too much
into Intel's overwhelmingly positive results. The best approach at
this time is to evaluate the trend with upcoming earnings from
other players in this industry before taking a long-term
stance."
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For More Information Contact: Mathew Collier
info@rothmanresearch.com
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