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Technology Stocks : ISSI a great opportunity

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To: Ted The Technician who wrote (1013)10/3/2000 10:40:54 AM
From: Ram Seetharaman   of 1058
 
THIS ONE IS A NO-BRAINER! STOCK IS WAY UNDERVALUED AND OVERSOLD!

Tuesday October 3, 9:58 am Eastern Time
RESEARCH ALERT-Integrated Silicon strong buy set
NEW YORK, Oct 3 (Reuters) - SG Cowen said on Tuesday it started coverage of chip maker Integrated Silicon Solutions Inc. (NasdaqNM:ISSI - news) on Tuesday with a strong buy rating.

-- in report, the brokerage set a price target of $30 to $40.

-- Integrated, a maker of semiconductors used in Internet access devices, and other equipment, ``will likely grow at four times the rate of the SRAM (static random access memory ) market for (calendar) 2000; growth tied to communications infrastructure market.''

-- ``... Given ISSI's superior positioning in this market, stock (is) undervalued.''

-- shares up $1-1/16 to $15-1/8
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