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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: robert b furman who wrote (1713)8/11/2005 10:04:48 AM
From: Proud_Infidel  Read Replies (1) of 1929
 
Market Pulse: Varian Semi upped at J.P. Morgan on share gain in Japan
Thursday August 11, 6:25 am ET
By Aude Lagorce

LONDON (MarketWatch) -- J.P. Morgan upgraded Varian Semiconductor Equipment Associates to overweight from neutral, saying that market-share gain in Japan is finally materializing. The broker told clients that while Varian has historically had near-zero market share in Japan, the combination of a new CEO with a heavy focus and experience in Japan and an increasing desire by Japanese chipmakers to adopt single wafer implant are starting to drive share gain in the region.
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