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Technology Stocks : Semi Equipment Analysis
SOXX 344.71-1.1%4:00 PM EST

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To: Donald Wennerstrom who wrote (22509)3/29/2005 3:16:28 PM
From: Donald Wennerstrom  Read Replies (1) of 95757
 
Credence Systems upgraded to "strong buy" - update

Tuesday, March 29, 2005 8:01:03 AM ET
Adams Harkness

<<NEW YORK, March 29 (newratings.com) - Analyst Dennis C Wassung of Adams Harkness upgrades Credence Systems (CMOS.NAS) from "buy" to "strong buy." The target price is set to $12.

In a research note published yesterday, the analyst mentions that the company's risk/reward profile is compelling. Credence Systems is poised to witness renewed order growth in late 2005 and robust profitability during FY06, the analyst says. The company is well positioned to benefit from the next production upturn in the Semiconductor Test segment, Adams Harkness adds.>>
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