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Technology Stocks : Teradyne
TER 198.50+0.7%3:59 PM EST

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To: Daniel K. who wrote (628)12/15/1997 10:36:00 PM
From: Yeadon  Read Replies (2) of 1184
 
Soundview lowered its estimates for TER for 1998 from $2.94 to $2.52, but kept it as a ST and LT buy, while it downgraded most of the semi-equip stocks. Even at $2.52, the stock is extremely cheap by historical standards.
Also, news story that Korean conglomerates will cut cap spending, but not in chip-making (I think someone else on the board noted this before in relation to one of the co's) at
techweb.com
Yeadon
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