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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: gladman who wrote (125478)5/25/2001 8:48:31 AM
From: H James Morris  Read Replies (1) of 164684
 
What did I tell Ya? You got to know the way Wall Street thinks.
Btw
Prudential does no under-underwriting so they haven't been paid off for the upgrades.
5/25/01 8:15 AM ET
Prudential Securities upgraded KLA-Tencor (KLAC:Nasdaq - news), Applied Materials (AMAT:Nasdaq - news) and Teradyne (TER:NYSE - news) to strong buy from accumulate this morning.

Prudential based the trio of upgrades on stabilization in end markets, a trend reversal in revenue and recovery in orders, plus the beginning of a new semiconductor cycle.
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