Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Rightly or wrongly, I am starting to "warm" up to CCMP, it has not made a new lower here in more than a month, when the Soxx was some 15% higher (6/16 at around 466), while other semi-equip and equivalent print newer lows daily, maybe CCMP is basing here. Analysts estimates are the same as last quarter ($.39), but with more and more chips being made with sub 150 nm damasquene copper, on 200 mm wafers, unless they are losing market share like crazy, I just cannot see how they should not make at least $.42.