Earnings: Semiconductor Message Board

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Technology Stocks : Earnings: Semiconductor

INTC 39.99

-0.4%

Oct 31 9:30 AM EST

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To: SusieQ1065 who wrote (146)	7/9/2002 5:17:18 PM
From: 2MAR$	of 266

09:17 ET Needham cuts estimates, targets for select semi equipment stocks : Needham slashes ests and price targets for AMAT, NVLS, KLAC, and CYMI and expects shares to remain under pressure over the next few weeks, particularly as consensus ests continue to migrate downward; cuts AMAT FY03 est to $0.64 from $0.74 and cuts target to $25 from $30; cuts NVLS FY02 est to $0.40 from $0.42, FY03 to $1.11 from $1.54, and target to $39 from $62; cuts KLAC FY03 est to $1.35 from $1.47 and target to $58 from $72; and cuts CYMI FY02 est to $0.71 from $0.80, FY03 to $1.50 from $1.80, and target to $45 from $63.

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