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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 259.15+1.1%Dec 22 3:59 PM EST

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To: Proud_Infidel who wrote (17218)1/17/2006 7:19:30 AM
From: niek  Read Replies (1) of 25522
 
6:09am 01/17/06

Deutsche Bank cuts semiconductor tech companies to hold

LONDON (MarketWatch) Deutsche Bank downgraded semiconductor technology companies Applied Materials Inc. (AMAT) and Varian Inc. (VSEA) to hold from buy, citing valuation. "We believe several stocks in our coverage universe are fairly valued. We are not turning bearish on the group, but view this as a profit taking opportunity for select stocks that are up substantially from 2005 lows," the broker said.
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