Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 147.44

-0.6%

Nov 17 3:59 PM EST

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To: Math Junkie who wrote (7414)	12/9/1998 11:43:00 AM
From: Q.	Read Replies (1) of 10921

Given that some people say that the first sector to rebound in a cyclical recovery should be test and assembly, rather than front end, does anybody think that the following report is significant? NEW YORK, Dec 9 (Reuters) - Credit Suisse First Boston analyst Elliot Rogers said Wednesday he raised Teradyne Inc.'s (NYSE:TER) fiscal year 1999 estimate and target price. -- Rogers' $0.10 increase in 1999's EPS projection, to $1.25, and the higher target price to $60 from $40 reflect building order momentum in the fourth quarter together with solid prospective gains in cost containment. -- Both semiconductor test and non-semiconductor-related orders are ahead of plan in the fourth quarter, with orders now forecast around $300 million versus the prior estimate of $270 million.

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