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Technology Stocks : Semi Equipment Analysis
SOXX 303.84+1.3%4:00 PM EST

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To: BWAC who wrote (22860)4/19/2005 7:51:15 AM
From: sixty2nds  Read Replies (1) of 95622
 
BWAC, a little light for you....06:31 NVLS Novellus upgraded to Mkt Perform at Piper Jaffray; tgt raised to $30 (24.30 )

Piper Jaffray upgrades NVLS to Mkt Perform from Underperform and raises their tgt to $30 from $24, following Q1 report. Firm believes mgmt has made progress in revamping products, mgmt, and operations. These changes will not translate into outperformance overnight, but they have enough confidence that the co can at least mkt perform if not outperform in 2006.
FWIW DEPT...I stuck a toe in STTS midafternoon. Also bought some RNWK. I have a tendancy to be a little early. I am ruthless about the stops. Later, S
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