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Technology Stocks : ISSI a great opportunity -- Ignore unavailable to you. Want to Upgrade?

To: Ram Seetharaman who wrote (951)	3/23/2000 5:31:00 PM
From: John Chapman	Respond to of 1058

Thursday March 23, 11:22 am Eastern Time RESEARCH ALERT-Integrated Silicon Solution raised NEW YORK, March 23 (Reuters) - Banc of America Securities LLC said on Thursday that analyst Rick Whittington upgraded semiconductor company Integrated Silicon Solution Inc. (NasdaqNM:ISSI - news) to strong buy from buy and raised its price target to $40 from $35. -- The rating was raised as shortages of SRAM (static random access memory) and specialty DRAM (dynamic random access memory) chips dictate higher average selling prices and margins, which will boost the already robust fundamentals into higher orbit. -- The company develops and sells chips used in Internet accecss devices, networking equipment, telecom and mobile communications equipment and computer peripherals. -- For the fiscal year ended September 2000 the earnings per share estimate was raised to $0.50 from $0.38. The fiscal 2001 EPS estimate was raised to $1.20 from $1.05. -- Shares were up 2-9/16 at 30-1/2 on the Nasdaq stock market.