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Technology Stocks : FSII - The Worst is Over?
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To: Maya who wrote (1664)12/20/1997 10:45:00 AM
From: H James Morris  Read Replies (1) of 2754
 
NEW YORK, Dec 19 (Reuters) - Lehman Brothers said its analyst Edward White Jr lowered his ratings on most companies in the semiconductor equipment sector due to the potential impact of Asia's economic crisis.

Advanced Energy Industries Inc <AEIS.O> was cut to outperform from buy. The stock was unchanged at 13 in morning trading.

Electroglas Inc <EGLS.O> was cut to neutral from buy. It was off 15/16 at 15-1/16.

FSI International Inc <FSII.O> was cut to neutral from outperform. It was off 3/4 at 13-1/8.
Kulicke & Soffa Industries Inc <KLIC.O> was cut to neutral from outperform. It was off 6/16 at 17-7/16.

Lam Research <LRCX.O> was cut to neutral from outperform. Lam was up 13/16 at 29-3/8.

Novellus <NVLS.O> was cut to neutral from outperform. It was off 19/32 at 30-1/2.

LTX Corp <LTXX.O> was cut to neutral from buy. LTX was off 3/8 at 4-1/2.

PRI Automation Inc <PRIA.O> was reiterated as a buy, but its 1998 earnings estimate went to $1.30 per share from $1.40. It was off 3/4 at 27-1/8.

Silicon Valley Group Inc <SVGI.O> was cut to neutral from outperform. It was off 3/16 at 18-3/4.

SpeedFam International <SFAM.O> was reiterated as a buy. It was off 1/8 at 23-3/4.

Teradyne Inc <TER.N> was cut to neutral from buy. It was off 4/16 at 30-5/16.

11:34 12-19-97
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