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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: Frank Povoski who wrote (5573)1/7/1998 12:29:00 PM
From: JakeStraw  Read Replies (1) of 11555
 
RESEARCH ALERT- Lehman Bros downgrades five stocks

NEW YORK, Jan 7 (Reuters) - Lehman Brothers said Wednesday it lowered its rating on shares of International Rectifier
Corp(NYSE:IRF - news), Alliance Semiconductor Corp (Nasdaq:ALSC - news), National Semiconductor Corp
(NYSE:NSM - news) and Integrated Device Technology Inc(Nasdaq:IDTI - news) to outperform from buy.

The Wall Street firm also said it lowered its rating on shares of Advanced Micro Devices Inc (NYSE:AMD - news) to neutral
from buy.

Shares of International Rectifier stood down 5-/16 at 12, Alliance Semiconductor down 1/4 to 5-3/8, National Semiconductor
down 1-3/16 to 23-3/4 and Integrated Device Technology down 3/8 to 9-7/8.

Advanced Micro Devices was off 5/8 at 19-1/4.

Looks to be from the Atmel (ATML) fallout.
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