Teradyne Message Board - Msg: 11301641

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Technology Stocks : Teradyne

TER 195.06

+2.4%

Dec 19 3:59 PM EST

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To: Roger Zucchet who wrote (992)	9/20/1999 11:36:00 AM
From: Jeffrey D	Read Replies (1) of 1184

From another thread. Jeff To: Justa Werkenstiff who wrote (8663) From: Wally Mastroly Monday, Sep 20 1999 10:40AM ET Reply # of 8687 RESEARCH ALERT-Lehman ups Teradyne's price target: NEW YORK, Sept 20 (Reuters) - Lehman Brothers said it raised on Monday its price and earnings target for Teradyne Inc. (NYSE:TER - news), a manufacturer of automated testing equipment for the electronics industry. -- Its 12-month price target raised to $50 from $42.50. -- Q399 estimate raised to $0.33 per share, from $0.31. -- Q499 EPS raised to $0.45 from $0.42. -- Fiscal year 1999 EPS raised to $1.09 from $1.02. -- Fiscal year 2000 EPS raised to $1.70 from $1.58. -- Robust demand for Teradyne's core product, the catalyst mixed signal tester, which is approximately 45 percent of total company sales, is prompting the company to ship more units than it originally forecast. -- Demand also is 'exceptionally strong' for the company's Logic tester products, which are approximately 25 percent of total sales, and connection systems, about 20 percent of total sales. biz.yahoo.com

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