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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: orkrious who wrote (27350)2/28/2005 2:56:00 PM
From: ild  Read Replies (2) of 110194
 
Another day another upgrade

February 28, 2005 08:29 ET (13:29 GMT)

Lehman Ups Semiconductor Sector To Positive From Neutral

NEW YORK (Dow Jones)--Lehman Brothers raised its rating on the semiconductor sector to positive from neutral on the belief that the beginning of inventory restocking lead to a steadier near-term outlook during the first half of 2005 and support the upward momentum in the sector's stocks.
"Following recent checks, we believe that management teams from several key vendors are likely to continue to sound incrementally more constructive during a series of investor conferences and mid-quarter updates over the next several weeks," analyst Tim Luke said in a note to clients.

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