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Technology Stocks : PRI Automation (PRIA)
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To: Ian@SI who wrote (969)9/12/2000 9:03:20 AM
From: Proud_Infidel  Read Replies (1) of 1214
 
RESEARCH ALERT-PRI Automation EPS view cut
NEW YORK, Sept 12 (Reuters) - Credit Suisse First Boston analyst Kathryn Buergert on Tuesday cut her outlook for fiscal 2001 earnings per share (EPS) for PRI Automation Inc. (NasdaqNM:PRIA - news) to $1.15 from $2.20.

-- in report, trimmed fiscal 2001 revenue estimate to $420 million from $505 million.

-- said ``new product ramp undermines near-term outlook.''

-- company, a chip industry supplier, said on Monday that fiscal fourth-quarter earnings would be well below Wall Street forecasts.
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