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To: Frederick Langford who wrote (1678)10/2/2002 9:32:08 AM
From: Frederick Langford  Respond to of 1854
 
07:48 ET Merrill Lynch cuts semi equipment forecasts
Merrill Lynch cuts their semi equipment growth est for FY02 to -30% YoY from prior est of -25%, lowers FY03 outlook to +10% from +20%, and cuts FY03 semi sales outlook to +11% from +16%; cuts ests for AMAT, KLAC, LRCX, NVLS, TER, AEIS, ASYT, CYMU, KLIC, MKSI, and TWAV.