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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: matt dillabough who wrote (19265)6/6/2006 9:31:52 AM
From: matt dillabough  Read Replies (1) | Respond to of 25522
 
TSM Taiwan Semi estimates cut at FBR (9.28 )

Friedman Billings says that following their meeting with TSM as well as checks with industry contacts, they are trimming ests to below consensus and cuts their tgt to $12 from $13 to reflect continued weak PC end market demand, which adversely impacts TSM wafer shipment. However, firm maintains Outperform due to valuation.


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