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Technology Stocks : Teradyne
TER 195.06+2.4%3:59 PM EST

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To: odysseus who wrote (1027)7/13/2000 7:12:40 PM
From: Maverick   of 1184
 
ML:TER said MOT biz very strong.Demand > Supply.Reits BUY
Teradyne (TER, $72 1/4, D-1-1-9) Comfortable with JuneQ EPS (Brett Hodess 415-676-3546), 7/13/00
From Merrill Lynch's Tech Bits and Bytes, afternoon edition
1-1-9 means short term BUY, Long-term BUY, no dividend
• TER said business with Motorola has never been stronger. Motorola has been buying multiple products from the high-end to the low-end
of TER’s product line. TER is unaware of any major program that it has not won at Motorola and if its competitor, LTX, has won
something, we believe it is a smaller program. Management also indicated that in the last 4 weeks demand has strengthened putting
some constraints on its supplier base.
• We remain comfortable with our JunQ EPS estimate of $0.75 as well as our FY 00E and 01E EPS. Reiterate Buy rating.
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