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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA
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To: Proud_Infidel who wrote (806)8/15/2000 1:27:39 PM
From: Sidney Street  Read Replies (3) of 1929
 
Goldman Sachs on Axcelis (spun out of Eaton), 8/7 Initiate w/ Rec. List rating: "the CAGR of the ion implant market 98 to 2004 is roughly 15%, but the high energy segment is expected to grow 24% [annually] during the same period. ..... According to Dataquest the company has been increasing mkt share - total ion implant mkt - over past ten years from 30-35% to 40-45%. " Report also sets a 12 month target of $75 for VSEA, based on 18x 2001 est. earnings.
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