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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: DennisToo who wrote (78452)6/13/2002 2:32:04 PM
From: Softechie  Read Replies (1) of 99280
 
ROFLMAO! Semi Equip Stocks : Despite recent pricing pressure, Prudential believes the fundamental long-term outlook for group remains strong; rates valuations as "quite attractive." Firm admits near-term risks exist in end mkt demand but sees several positive drivers (macroeconomic, increasing transistor counts for new devices) that can sustain the order recovery through 2002. Prudential reiterates their Buy rating on AMAT (noting it trades at less than 15x peak year earnings), NVLS, KLAC, LRCX, RTEC, FEIC, KLIC, and TER.
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