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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Gottfried who wrote (2105)8/6/2002 9:04:26 AM
From: Proud_Infidel  Read Replies (2) of 25522
 
In Amsterdam, tech stocks ASML (ASML: news, chart, profile), a chip equipment maker, was rallying over 4 percent. Philips (PHG: news, chart, profile), the largest electronics maker in Europe, was charging 3.9 percent to 19.10 euros, boosted by an upgrade from Merrill Lynch to 'strong buy' on valuation.

"At the current share price, you effectively get the economically sensitive businesses- Semiconductors, Consumer Electronics and Components - for free," Merrill said of Philips.

marketwatch.com
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