Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 148.83

+3.9%

3:59 PM EST

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To: Ian@SI who wrote (3651)	12/2/1997 10:12:00 PM
From: Ian@SI	Read Replies (2) of 10921

... and another dissenter from within Merrill Lynch. I trust Bellace's advice as much as I advise Tom "chicken little" Kurlak's. Cisco's loss came despite an upgrade to "buy" from "accumulate" from Joseph Bellace at Merrill Lynch and a new product announcement from the folks on Tasman Drive. In upgrading Cisco, Bellace cited the company's consistent quarterly earnings growth and a projected 38% annual increase in the size of four key networking market areas in which Cisco holds the #1 or a close #2 position. Bellace offered a 12-month price target of $105, based on a fiscal 1999 EPS estimate of $3.25 to $3.35.

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