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


To: sixty2nds who wrote (27582)12/21/2005 11:43:18 AM
From: sixty2nds  Respond to of 95616
 
09:31 WFR MEMC Elec target raised to $25 at Citigroup (21.90 )

Co raises their tgt to $25 from $16.50, following recent checks which suggest several upcoming positive catalysts including: 1) proprietary wafer supply agreements w/at least two solar providers, and 2) 200mm wafer price increases of 5-10% Q/Q in CQ1:06. While firm maintains that the good news is liable to peak in 1H06, they realize the stock is more liable to move higher vs lower near-term.