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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA
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To: Proud_Infidel who wrote (1018)10/17/2000 3:54:24 PM
From: Czechsinthemail  Read Replies (2) of 1929
 
Any idea what has triggered the enormous volume in VSEA today? It looks like some major liquidation. Besides the Chase H&Q downgrade, I didn't see anything except the CSFB downward revision of AMAT estimates:

Applied Materials (AMAT) 43 15/16 -4 13/16: -- Update -- CSFB lowers 2001 EPS to reflect sluggish start to next year for the industry, lowers price target to $75 from $112. F01 revenue and EPS estimates to $12.93 billion and $3.25 from $14.29 billion and $3.75.
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