AVI-TECH ELECTRONICS

17.5 cents : 503 lots queueing to buy. 18 cents: 50 lots to sell. CIMB-GK has target price of 30 cents as Avi-Tech enjoys business growth from the booming semiconductory industry. www.nextinsight.biz/content/view/2337/79/

News just hot off the press is favourable to semicon stocks such as our very own Avi-Tech Electronics. The latest news is that Texas Instruments Inc. has announced higher expectations for sales and profit in the second quarter. Texas is the second-largest U.S. semiconductor maker. \"Demand, whether you measure it by revenue or by orders, has remained strong in the quarter,\" vice president Ron Slaymaker said in a conference call. The Dallas-based chipmaker said revenue is now expected to be in the range of $3.45 billion to $3.59 billion. Previously, TI had predicted a range of $3.31 billion to $3.59 billion.

Dow rose 39 points today largely because of tech stocks. National Semiconductor had a bullish forecast out, and the techs rallied. Avi-Tech in Singapore is surely going to have a boom time as semi con recovery is very strong. Just waiting for its next quarterly result. Its burn-in board segment and manufacturing burn-in bd segments hv been doing well. Its engineering services segment, hopefully, has turned the corner. This compay has S$49 m net cash, by the way. Adds to its allure in my eyes... hahaha....

OCBC issued another positive report this morning on Avi-Tech Electronics. It is a beneficiary of the semi - conductor recovery. Target price of 24 cents looks v conservative

The techies are firming up. Avi-Tech: + 1 c, now 20 c UMS: oh boy, what a run. + 4 c, now 32 c. Hisaka: +0.5 c, now 25.5 c AEI: no change, now 17 c. (Big queue to sell at 17.5 c. Dont understand these people...)

U.S. stocks rose, adding to gains from the biggest weekly rally in a year for the Standard & Poor’s 500 Index, as analyst upgrades of technology companies boosted optimism before the start of the earnings season. “People think the technology sector is the best place to find companies that will surprise during earnings season,” said Frank Ingarra, a Stamford, Connecticut-based money manager at Hennessy Advisors Inc., which oversees about $800 million. “If companies are not hiring people because of economic and political uncertainty, then they will invest in technology to become more productive.” - from Bloomberg this morning after Dow rose 18.24 points to U.S. stocks rose to 10,216.