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Technology Stocks : PRI Automation (PRIA)
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To: Beltropolis Boy who wrote (475)6/25/1998 3:47:00 PM
From: Nevin S.  Read Replies (1) of 1214
 
A little good press on PRIA from Lehman Bros.

PRI Automation $16 1/2, Rated 1 Buy

The perception that PRI needs new 300MM fabs to grow limits interest. But we anticipate 0.25-0.18 micron 200mm expansions using automation. This will be an important way to drive down chip production costs. Competitive positioning is superb. this is one of the hardest hit stocks in the equipment sector.

lehman.com
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