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


To: advocatedevil who wrote (50245)8/7/2001 8:09:31 AM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
CSFB downgrades AMAT and other SCE cos:

7:42AM CSFB Semi Equip Downgrade : CSFB lowers its rating on the Semiconductor Capital Equipment Sector to MKT UNDERWEIGHT, cautioning investors not to underestimate the financing bubble... firm downgrades AMAT, NVLS, KLAC, ATMI, VSEA to HOLD from Buy.

7:50AM CSFB Chip Downgrades : CSFB lowers the following European semiconductor names to HOLD from Buy: STM, PHG, IFX, ASML... feels that persistent over optimistic valuations do not reflect structural issues emerging in this downturn.

CBS MarketWatch comments: Shares of semiconductor equipment makers fell in pre-open trading after CS First Boston lowered its rating on the sector to "underweight," citing "significant" structural issues that are overshadowing structural issues.

AdvocateDevil