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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: marc henschke who wrote (33270)	11/18/1999 11:35:00 AM
From: Proud_Infidel	Respond to of 70976

RESEARCH ALERT-Bear Stearns raises chip sector NEW YORK, Nov 18 (Reuters) - Bear Stearns said on Thursday it raised its estimates on companies in the chip equipment sector. The Wall Street firm: -- Raised its 12-month price target on Applied Materials Inc. (NasdaqNM:AMAT - news) to $130 a share from $110. -- Raised its fiscal 2000 earnings per share estimate for Applied Materials to $3.26 from $2.80. -- Raised its fiscal 2001 EPS estimate for Applied Materials to $4.25 from $3.12. -- Raised its 12-month price target on ASM Lithography Holdings (NasdaqNM:ASML - news) to $95 a share from $75. -- Raised its 12-month price target on Credence Systems Corp. (NasdaqNM:CMOS - news) to $70 a share from $50. -- Raised its 12-month price target on Cymer Inc. (NasdaqNM:CYMI - news) to $60 a share from $40. -- Raised its 12-month price target on DuPont Photomasks Inc. (NasdaqNM:DPMI - news) to $80 a share from $60. -- Raised its 12-month price target on KLA-Tencor Corp. (NasdaqNM:KLAC - news) to $102 a share from $90. -- Raised its 12-month price target on LAM Research Corp. (NasdaqNM:LRCX - news) to $110 a share from $90. -- Raised its 12-month price target on Novellus Systems Inc. (NasdaqNM:NVLS - news) to $117 a share from $95. -- Raised its 12-month price target on PRI Automation Inc. (NasdaqNM:PRIA - news) to $60 a share from $50. -- Raised its 12-month price target on Teradyne Inc. (NYSE:TER - news) to $62 a share from $43. Further information was not immediately available. -- Applied Materials Inc. was off 3-1/4 at 106-3/4 on Nasdaq. -- ASM Lithography Holdings was unchanged at 86-1/2 on Nasdaq. -- Credence Systems Corp. was down 1-1/16 at 55-1/2 on Nasdaq. -- Cymer Inc. was unchanged at 45-5/8 on Nasdaq. -- DuPont Photomasks Inc. was up 1-7/16 at 63-1/2 on Nasdaq. -- KLA-Tencor Corp. was off 2-3/16 at 89 on Nasdaq. -- LAM Research Corp. was off 3-3/16 at 81-13/16 on Nasdaq. -- Novellus Systems Inc. was up 1-1/8 at 90 on Nasdaq. -- PRI Automation Inc. was up 4-5/8 at 50-7/8 on Nasdaq. -- Teradyne Inc. was off 11/16 at 47-9/16 on the New York