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

To: Donald Wennerstrom who wrote (32555)	9/12/2006 1:36:51 PM
From: sixty2nds	Read Replies (1) \| Respond to of 95391

08:32 TER Teradyne estimates lowered at Merriman Curhan (13.40 ) Merriman Curhan lowers its Q4 and FY07 ests for TER. Recent channel checks would indicate a sharp decline in order rates for Q3 and the firm believes this will impact Q4 ests and beyond. A few of Teradyne's competitors such as Verigy (VRGY), LTX Corp. (LTXX) and Credence (CMOS) have reported drops in order rates (all have July ending qtrs), with some like Verigy being down 36% in JulQ, and LTXX down 42% in JulQ. The key point is July was an extremely poor spending month, and so was the first part of August, so the firm concludes that Teradyne should have a weak order number when it reports Q3 (Sep) results.