ARM Holdings (Advanced RISC Machines) plc. Message Board

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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.

ARMH 74.70

+2.4%

Oct 31 9:30 AM EDT

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From: The Ox	3/30/2007 6:08:15 AM
	of 912

blogs.barrons.com March 29, 2007, 1:17 pm ARM Holdings: UBS Raises Rating, Target, Ests; Sees Play On Expanded 3G Phone Adoption Posted by Eric Savitz Jonathan Dutton, a London-based analyst for UBS, today raised his rating on microprocessor designer ARM Holdings (ARMHY), to Buy from Neutral, and raising his price target to $9.14 from $7.55. (The odd numbers reflect that he translated them from pounds.) Dutton also raised his 2007 EPS for the company to 5.29 pence a share, from 5.02. “ARM is set to be a significant beneficiary of the acceleration in 3G handset adoption in 2007, leading to an acceleration in cores per handset as 3G wireless shipments increase from 80 million to 170 million,” he wrote in a research note today. “We believe ARM has the highest gearing to an acceleration in 3G handset demand amongst European semis companies.” ARM today is up 8 cents at $7.79.

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