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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Ian@SI who wrote (37201)9/21/2000 2:06:24 PM
From: Mephisto  Read Replies (2) of 70976
 
In an emotional statment Prudential analyst, Shekhar Pramanick, lowers price on Teradyne TODAY even though TER's Vice President Tom Newman said YESTERDAY at Bank of America's Conference that he is comfortable with first call earnings of 84 cents.

"Thursday's drop (in Terdayne) came after Prudential Securities analyst Shekhar Pramanick lowered the price target on the shares to $65 from $94, citing concerns about third-quarter orders.

He believed Teradyne's guidance to analysts for orders for the third quarter, ending in September, ``is significantly at risk.'' The company has put its outlook for orders at $850 million to $900 million.

biz.yahoo.com

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Teradyne OK with First Call target

By Jason Margolis, CBS.MarketWatch.com
Last Update: 2:53 PM ET Sep 20, 2000

SAN FRANCISCO (CBS.MW) -- Semiconductor testing company
Teradyne said that a survey of analysts by First Call estimating September-quarter earnings of 84 cents a share "appears to be reasonable."

Vice president Tom Newman told attendees at the Banc of America Securities Investment Conference in San Francisco on Wednesday that the company expects to extend its market share by two to four points during the year if the semiconductor test industry continues to grow as projected.


Newman highlighted Teradyne's multiyear approach toward Japanese and Asian growth in addition to emerging DSL opportunities as the key to sustaining the company's revenue.

The company is expected to report quarterly earnings on Oct. 19.

cbs.marketwatch.com

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Here we go again: another analyst tries to manipulate stock!

Mephisto
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