Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 266.17

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1:38 PM EST

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To: Proud_Infidel who wrote (13914)	12/29/1997 5:39:00 PM
From: Irfan Rashid	Read Replies (1) of 70976

All: Today Merrill Lynch reiterated its "neutral" rating semi_equip. stocks .. From www.dbc.com : Merrill Lynch analyst Robert Stern said in a research note that there is enough overcapacity in the chip industry to "keep equipment growth to a minimum throughout all of 1998 and possibly into 1999." The brokerage reiterated its "neutral" ratings on Applied Materials, Brooks Automation, Credence Systems, Electro Scientific Industries, Electroglas, Genus, Integrated Process Equipment, KLA-Tencor, Kulicke & Soffa, Lam Research, LTX, Novellus, Silicon Valley Group, Tegal, Ultratech Stepper and Veeco Instruments. Link: cbs.marketwatch.com and then click on Silicon Stocks.

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