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


To: Gottfried who wrote (38011)10/10/2000 11:05:27 AM
From: Dale Knipschield  Read Replies (2) | Respond to of 70976
 
Damn, I'm about ready to throw in the towel! Just when it seemed that the techs might recover a little bit, analysts downgrade more semi stocks, then CBS Marketwatch makes it worse by calling then "chip equipment makers". Reuters, on the other hand, calls them "software" companies.

Its no wonder all techs are down.....everything gets painted with the same brush. How do we deal with such an influential combination of idiots?

>Tuesday, October 10, 2000

Analysts cut down ALTR, XLNX
--9:24 am - By Tomi Kilgore

Altera (ALTR: news, msgs) is tumbling $10, or 24 percent, to $30.88 and Xilinx (XLNX: news, msgs) is plunging $14, or 18 percent, to $65.13 in pre-market trading, after Analyst Dan Niles at Lehman Bros. downgraded both chip equipment makers.<

(Reuters)

>Salomon Smith Barney and Lehman Brothers both cut their ratings of software companies Altera Corp.
(NasdaqNM:ALTR - news) and Xilinx Inc.<