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Technology Stocks : Cymer (CYMI)
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To: Chris Grosse who wrote ()5/16/2000 10:46:00 AM
From: cluka  Read Replies (3) of 25960
 
10:11 ET Cymer Inc (CYMI) 33 7/8 +1 1/2 (+4.5%): Needham & Co upgrades shares of chip equipment maker from HOLD to BUY; firm has a price target of $41 per share.

Cymer (CYMI) 34 1/8 +1 3/4: Needham & Co upgrades to BUY from HOLD rating and price target of $41. Over the last three weeks, shares of Cymer have fallen 31% versus a decline of 1.7% in the S&P and a decline of 6.8% in the SOX for the same period. Market share concerns are now more appropriately discounted into the price of the stock.
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