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Technology Stocks : Novellus

NVLS 2.400

+2.1%

Jul 24 5:00 PM EST

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To: KM who wrote (1968)	3/1/1999 1:54:00 PM
From: Steve Fancy	Read Replies (1) of 3813

FWIW... RESEARCH ALERT - Salomon cuts 4 semi equipment cos Reuters, Monday, March 01, 1999 at 10:58 NEW YORK, March 1 (Reuters) - Salomon Smith Barney said Monday it downgraded four companies in the semiconductor industry over concern about the implications of possibly slowing growth in the personal computer industry. -- Cut Asyst Technologies Inc. (NASDAQ:ASYT) to neutral from buy. -- Cut ATMI Inc. (NASDAQ:ATMI) and Silicon Valley Group Inc. (NASDAQ:SVGI) to neutral from outperform. -- Cut Credence Systems Corp. (NASDAQ:CMOS) to outperform from buy. -- Said maintained positive outlook on three top picks in the group: Applied Materials Inc. (NASDAQ:AMAT), KLA-Tencor Corp. (NASDAQ:KLAC) and Electro Scientific Industries Inc. (NASDAQ:ESIO). Copyright 1999, Reuters News Service

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