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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: orkrious who wrote (4650)	8/6/2002 9:16:45 AM
From: orkrious	Read Replies (1) of 95530

meanwhile, Lehman likes CYMI and doesn't like AMAT Cymer (CYMI / Nasdaq) Lehman Bros Raising our rating to Overweight, with a $47 price target. We believe the company should be able to outperform its peers over the next year, as CYMI will exercise its competitive advantage in the excimer laser market. Applied Materials (AMAT / Nasdaq) Lehman Bros We are moving to a more cautious Equal-weight rating, as the 2003 consensus estimate appears aggressive, given the current order visibility. Our price target is $27 per share.

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