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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: Madharry who wrote (7786)6/22/2000 9:09:00 AM
From: DJBEINO   of 9582
 
--8:58 am Lehman starts Cypress
In another initiation following his recent move to Lehman Brothers, analyst Dan Niles on Thursday started coverage of Cyperess Semiconductor (CY: news, msgs) with a "buy" recommendation and $65 price target. Niles estimates earnings per share of $1.95 for fiscal 2000 and $2.40 for fiscal 2001 but says there is significant upside driven by revenues and margins.

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