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Technology Stocks : Cymer (CYMI)

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To: Bobby who wrote (4250)	10/1/1997 10:23:00 AM
From: Steven Messina,L.M.T.	of 25960

RESEARCH ALERT - Veeco rated buy Reuters Story - October 01, 1997 09:48 %ELI %US %BUS %RCH %HOT VECO CYMI V%REUTER P%RTR NEW YORK, Oct 1 (Reuter) - Donaldson Lufkin & Jenrette analyst Robert Maire said Wednesday he initiated both Cymer Inc and Veeco Instruments Inc with buy ratings. -- for Cymer, estimated earnings of $0.84 per share for 1997, and $1.08 for 1998. -- set 12-month price target of $33. -- for Veeco, estimated earnings of $1.78 for 1997, and $2.40 for 1998. -- set 12-month price target of $72. -- Veeco shares rose 5/16 to 63-1/2, while Cymer added 1-1/8 to 28-1/2.

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