comments on Wit SoundView downgrade ..
-- `` ... We believe that the near term could be fraught with worries on the semiconductor cycle.''
I thought these guys are not supposed to echo general sentiments but provide ANALYSYS
-- cut Applied Materials to buy from strong buy, and reduced the price target to $70 from $113
-- cut Brooks Automation to buy from strong buy, and lowered the price target to $50 from $90
From here on just give price target no need to butter the dead cow.
-- ``We believe that the October and January quarters are both likely to meet or beat (Wall) Street expectations, but we are struggling with order growth as the balance of fiscal 2001 progresses.''
What they are saying is we are very pressed hard to put our spies and recorders under executives desks. Not to mention less worth stock option employees are not talking for small bucks and damn it but we just can see in this damn crystal ball. So lets just say if we want to be conservative, there is a good likely hood of slower growth for XYZ and damn we are good and damn we earn our living. BTW we downgrade TER.
-- ``We continue to believe in the business model that Brooks has set forth and believe our model is likely to play out. However, as a key supplier to the equipment companies, we believe that the stock may have a difficult time outperforming ... ''
Again, that Excel spreadsheet we use to update is probably corrupt or oh yes, now we are somehow not getting any feedback from company (due to that silly fair disclosure rule of some kind) and why the heck this cell is showing some darn thing. Oh yes, if mother is hungry wouldn't children go hungry. Yep. Works all the time. Let's downgrade Brooks Brothers oops Automation.
-- ``While Nanometrics has moved to the forefront of integrated metrology and this segment of the equipment industry is in its infancy, we feel that this stock has held up better than most in our group.''
Ok what does "we feel that this stock has held up better than most in our group" it mean? Since it has held up lets shhot it? I mean is this analysis?
-- ``Semitool has impressively improved its product offerings in both wet cleaning and electroplating in the past year. However, given that the company could potentially see a decline in orders in the quarter, we are reducing our rating ... ''
Why don't they just downgrade the WHOLE semi group? This crap is not even worth reading anything.
-- Wit SoundView said it continued to look favourably on Novellus Systems Inc. (NasdaqNM:NVLS - news), Lam Research Corp. (NasdaqNM:LRCX - news) and Teradyne Inc. (NYSE:TER - news)
Now that's a change. Mouse didn't move or Excell locked up or someone was vacumming the room or what but this is a joke. |
