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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/3/2001 11:23:14 AM
From: besttrader   of 37746
 
Semi Equipment Downgrades : Tucker Anthony Sutro downgrades Applied Materials (AMAT), Asyst (ASYT), Lam Research (LRCX) and Novellus (NVLS) to UNDERPERFORM from MARKET PERFORM and lowers Nanometrics (NANO) to MARKET PERFORM from BUY; believes dramatically lower equipment orders, sales and EPS are possible before a trough occurs in late-2001 with a prolonged slump extending well into 2002; recent buyers do not yet appreciate the potential severity of the current slump.
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