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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 256.89-1.2%Dec 31 3:59 PM EST
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To: Sun Tzu who wrote (737)3/1/2002 8:15:00 AM
From: Proud_Infidel  Read Replies (1) of 25522
 
Robbie ups NVLS.....which implicitly means an upgrade for the rest of the sector, or at least those companies doing well during the downturn

7:20AM Novellus upped at Robbie (NVLS) 42.59: Robertson Stephens upgrades to BUY from Mkt Perform after the co due to an upwardly revised bookings outlook driven by the strong uptick in bookings from DRAM manufacturers and early logic adopters of copper for both 200mm and 300 mm. Lowers Q1 loss est to ($0.09) from ($0.10) and 2002 to $0.19 from a loss of ($0.03); raises price target to $50 from $40.
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