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


To: Donald Wennerstrom who wrote (22506)3/29/2005 3:13:17 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95748
 
KLA-Tencor initiated with "buy"

Tuesday, March 29, 2005 10:52:11 AM ET
Legg Mason

<<NEW YORK, March 29 (newratings.com) - Analyst Patrick Ho of Legg Mason initiates coverage of KLA-Tencor Corporation (KLAC.NAS) with a "buy" rating. The 6-12 month target price is set to $59.

In a research note published this morning, the analyst mentions that the company’s stock presents one of the most attractive investment options in the semiconductor capital equipment industry, in view of KLA-Tencor’s impressive internal execution, robust business model and favourable market position. KLA-Tencor is poised to benefit in the near term from the increasing demand for additional process diagnostic tools and the industry’s shift toward the next-generation manufacturing processes, the analyst says.>>