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Technology Stocks : Teradyne
TER 195.06+2.4%Dec 19 3:59 PM EST
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To: odysseus who wrote (1027)7/13/2000 4:24:32 PM
From: Maverick   of 1184
 
TER announces major win for new Tiger fr BRCM.ML is very comfy w/ 2000 & 2001 est

Teradyne announces major win
for new Tiger
Teradyne announced that Broadcom has chosen its new
version of the ultra-popular Catalyst tester called Tiger to
test the new 10 gigabit 4 channel CMOS transciever chip
from Broadcom. This is just one more example of
Teradyne’s leadership as the high-end communications IC
tester company. On a more somber note, speculation that
Teradyne lost a prominent order to smaller competitors put
the stock under pressure yesterday. We are following up
on this speculation but note that Teradyne has had
incredible momentum in gaining share at subcontract test
houses, the previous strong hold of these competitors, such
that we remain very comfortable with our estimates of
$3.05 and $3.95 for 2000 and 2001 respectively.
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