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Technology Stocks : Etec Systems moving up
ETEC 0.1500.0%Sep 8 5:00 PM EST

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To: Paul Dieterich who wrote (725)12/20/1997 6:51:00 PM
From: Paul Dieterich  Read Replies (1) of 1279
 
Lehman downgraded the Cap Equip sector in general on Friday, but had nice things to say about companies having to do with the upgrades to .25 and beyond. Etec is mentioned as having a "1" rating (the highest); "New product cycle to drive growth":

>>The good news -- technology acceleration. The acceleration to 0.25 micron and 0.18 micron linewidths on chips continues, driven by chip manufacturers' need to lower costs. This will drive a certain amount of investment in advanced generation, high priced semiconductor equipment. This will help selected companies outperform the industry in 1998.

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lehman.com

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12/19/97 - SEMICONDUCTOR EQUIPMENT: DOWNGRADING SECTOR... (6K)
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