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Technology Stocks : Semi Equipment Analysis
SOXX 302.84+2.0%Dec 2 4:00 PM EST

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To: Return to Sender who wrote (2714)4/11/2002 7:41:54 PM
From: Donald Wennerstrom  Read Replies (1) of 95515
 
The comment by Deutsche Securties sure did the job for TER today.

<<3:48PM Teradyne (TER) 35.90 +0.90: TER is down nearly 10% in the last week, underperforming the group on concerns surrounding the co's March qtr. Deutsche Securties believes the pullback presents a buying opportunity ahead of what they believe will be a strong qtr with results outpacing expectations. Firm has modeled revenue at the mid-range of guidance ($200-$250 mln), but believes there is potential top-line upside at the high end of range: orders are expected up 15-20% q/q ($240-$250 mln). Firm expects TER to be significantly more bullish on semi tests and would continue to be buyers of the stock in the mid-$30's.>>

TER was up 3% today, far exceeding any other stock performance in the SOX. In second place was BRCM, up 0.6%. All other 15 stocks in the SOX were in the red today.

Don
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