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Technology Stocks : ASML Holding NV
ASML 1,413+4.7%Feb 6 9:30 AM EST

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To: SemiBull who wrote (888)1/21/2004 8:03:17 AM
From: Proud_Infidel  Read Replies (1) of 43417
 
These people are either (a) geniuses, or (b) going to have egg all over their face(maybe a full blown omellette). My own guess is (b). BofA has been one of the most Bearish on the group. They DOWNGRADE to sell but RAISE their price target?!?!

7:20AM ASML cut to Sell from Neutral at BofA Sec 21.95: BofA Sec downgrades to Sell based on view that current stock price is more than discounting a cyclical recovery but it is not discounting the secular issues ahead of the company. Firm's tgt price goes to $12 from $9.
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