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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (17953)8/26/2003 10:28:58 AM
From: Bill Harmond  Read Replies (2) of 57684
 
09:39 ET TSM Taiwan Semi estimates, price target raised at Prudential (11.32 -0.13)
Based on firm's proprietary checks, Prudential Equity Group is raising its Q4 est to $1.675 bln from $1.625 bln given the improving wafer starts in the month of August over the month of July and expectation of continued sequential monthly improvement in September. Firm also raising 2004 est to $0.46 from $0.44 and increasing price tgt to $14 from $13.
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