SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ASML Holding NV
ASML 1,007-1.3%Nov 14 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: roly who wrote (484)10/23/1998 7:36:00 PM
From: marquis103  Read Replies (1) of 42426
 
To All: Great News !!!!

RESEARCH ALERT- Roberston Stephens ups chip equips
NEW YORK, Oct 23 (Reuters) - BancAmerica Robertson Stephens on Friday said analyst Sue Billat raised her view on the semiconductor equipment sector.

Billat upgraded industry leaders Applied Materials Inc. (Nasdaq:AMAT - news), ASM Lithography Holdings NV (Nasdaq:ASMLF - news), Etec Systems Inc. (Nasdaq:ETEC - news), and KLA-Tencor Corp. (Nasdaq:KLAC - news) to ratings of buy from long-term attractive.

Billat also reiterated her upgrades of Teradyne (NYSE:TER - news) and Novellus Systems Inc. (Nasdaq:NVLS - news).

''We believe the semiconductor capital equipment sector has hit bottom and will increasingly see technology buys from leading chipmakers,'' said Billat in a research note.

''We believe the combination of DRAM stabilization and strong results by microprocessor makers is leading chipmakers to spend their capital budgets, albeit selectively and still at historically low levels.''

Billat believes equipment suppliers offering 0.18 micron and below capability will be the beneficiaries in 1999.

Intel recently sought ensured high-speed memory capacity by making a $500 million investment in Micron, which Billat believes has been earmarked for 0.18 micron capacity, the note said.

Shares of Applied Materials Inc. rose 9/16 to 33-7/16 on
Thursday.
Shares of ASM Lithography Holdings NV rose 1-6/16 to
23-13/16.
Shares of Etec Systems rose 3 to 34-1/2.
Shares of KLA-Tencor rose 1-5/16 to 33-7/8.
Shares of Teradyne rose 11/16 to 30-15/16.
Shares of Novellus Systems Inc. rose to 38-5/8, down 3/8.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext