Semis bubble? Software cheap? Why BofA's Subramanian disagrees

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Market Vectors Semiconductor ETF (NASDAQ: SMH) Delayed: 589.28 -8.88 (1.48%)
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Open $609.48    52 Week Low $45.03 
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Day Low $586.17    EPS $0.00 
Volume 5,939,411       

iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ: SOXX) Delayed: 560.99 -10.46 (1.83%)
Previous Close $571.45    52 Week High $114.21 
Open $585.45    52 Week Low $74.84 
Day High $588.58    P/E N/A 
Day Low $557.86    EPS $0.00 
Volume 6,279,741