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Strategies & Market Trends : Galapagos Islands

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To: gypsees who wrote (39408)	5/13/2003 7:44:02 AM
From: orkrious	Read Replies (1) of 57110

07:16 ET Merrill downgrades Semis: ISIL, MXIM, NVDA, SMTC, ATYT Merrill Lynch downgrades Semiconductor names ISIL, MXIM, NVDA, SMTC and ATYT to Neutral from Buy. Firm does not think that business conditions and valuation merit continued Buy ratings. According to firm, the disconnect between what it is hearing from semi companies and their customers continues. Firm notes that it does not think the risk of a major, multi-quarter selloff exists

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