Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (11487)	9/8/2003 9:04:02 AM
From: Return to Sender	Read Replies (3) \| Respond to of 95611

From Briefing.com: 8:46AM Cymer mid-qtr preview (CYMI) 46.29: Previewing co's Q3 mid-qtr update, Morgan Stanley believes CYMI may provide slight upside guidance, but thinks it is likely in the stock. Although firm does not expect the mid qtr update to be a major catalysts for the shares, firm is raising its price tgt to $55 from $42 on view stock can trade at 27x peak cycle earnings. 8:37AM GlobeSpan Virata upped to Peer Perform from Underperform at TWP (GSPN) 8.30: Thomas Weisel is incrementally more positive on GSPN given the potential revenue diversification and integration possibilities. After taking end market fundamentals into consideration, firm believes GSPN shares are now trading at a valuation that makes investment more attractive. 8:33AM Smith Barney upgrades semi equipment sector : Smith Barney raises their view of the semi equipment sector to Overweight from Mkt-Weight, saying recent evidence has indicated that an acceleration of industry fundamentals is looming; raises targets for ACLS, AMAT, LRCX, NVLS, ATMI, CMOS, ENTG, KLAC, MYK, TER, VECO, and WFR; firm upgrades ATMI and CMOS to In-Line from Underperform, and downgrades ENTG to In-Line from Outperform. 8:13AM RF Micro Device expects Q2 to exceed prior guidance (RFMD) 9.01: Company now expects Q2 EPS and revenue to exceed prior guidance, now sees net income "at or slightly above breakeven", Reuters Research consensus is ($0.03), sees revenues coming in at a "double-digit percentage increase" over last quarter, when co. reported revs of $131.5 mln, consensus is $135.6 mln. Co cites robust customer activity, an improving product mix and the fact that internal gross margin improvement initiatives are tracking better than originally anticipated. 8:00AM CTI Molecular upgraded at First Albany (CTMI) 16.00: First Albany upgrades to Buy from Neutral, saying most of the negative news is likely behind the co (i.e. the DVI leasing co has been recently replaced by DLL-Rabobank); also, CTMI's Chairman purchased over $1.1 mln CTMI shares in Aug in the open mkt, which highlights to the investment community that mgmt believes the stock is undervalued; target is $18.50. 7:55AM Merix upgraded at CIBC (MERX) 13.20: CIBC upgrades to Sector Outperform from Sector Underperform based on improving business conditions, mkt share gains, and attractive valuation on rev and operating earnings leverage for CY04. Target is $20. 7:20AM Broadcom ships first single-chip Wi-Fi (BRCM) 27.74: Co says it's shipping the world's first single-chip Wi-Fi solution, the Broadcom BCM4317. Broadcom's AirForce One wireless LAN solutions are the size of a postage stamp and consume up to 97% less power than other Wi-Fi solutions on the market. The size and efficiency of the one-chip offering makes it practical for the first time for a wide range of pocketsize electronic devices, including PDAs, cell phones, digital cameras, MP3 players etc. 7:16AM IBM upgraded at CSFB (IBM) 86.95: CSFB upgrades to Outperform from Neutral, raises their 2004 est above consensus, and raises their target to $102 from $87; firm says IBM is the ideal late-cycle tech spending recovery play due to the complexion of its installed base (large, slower moving IT commercial customers), and firm believes that tech spending is about to experience a meaninful recovery in large commercial accounts. finance.yahoo.com