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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc. -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (741)9/9/2003 8:52:54 AM
From: Jamuck  Respond to of 912
 
Upgrade fwiw

7:29AM ARM Holdings upgraded at JP Morgan (ARMHY) 5.73: JP Morgan out of London upgrades to Overweight from Neutral; increasing lead times for flash memory products and recent strong data from handset component suppliers should benefit ARMHY's royalties as as well as improve license potential as the capex cycle starts to improve; also, firm believes that the microprocessor forum in Oct will see new product launches by partners as well as ARMHY, and royalties are poised for strong growth on the back multi-core handsets, storage, consumer, and automotive products.