Mixed semi news tidbits this morning:
"California Micro warns of wider Q2 loss"
biz.yahoo.com
"Fairchild Upbeat on Revenues"
biz.yahoo.com
Live Headline
06-Sep-01
07:27 ET Lehman Cautious on Chip Equips : Lehman cautious on the following Semiconductor Equipment stocks based on view they are at risk of missing their quarters and lowering guidance for Q4: ACLS, ASYT, CYMI, EGLS, FSII, LRCX, LTXX, PRIA, PHTN, TER, TWAV, and VSEA
Message 16305791
AdvocateDevil
Late add (more on Lehman with news link):
Meanwhile, Lehman Brothers told clients it expects earnings-per-share to be revised lower for selected chip equipment companies as capital spending budgets continue to be trimmed. Analyst Edward White sees the likelihood of multiple pre-announcements in the coming weeks and sees this limiting the near-term upside in shares. Among the companies Lehman said will find it hard to meeting earnings expectations: Lam Research (LRCX: news, chart, profile), Teradyne (TER: news, chart, profile), Axcelis Technologies(ACLS: news, chart, profile), PRI Automation (PRIA: news, chart, profile) and Varian Semi (VSEA: news, chart, profile).
marketwatch.com |
