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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (3649)	12/2/1997 9:12:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 10921

Oops, Tom forgot to line up his ducks (or is that Chicken Littles) within his own company. From the Motley Fool Evening News, Merrill Lynch raised both its near-term and long-term ratings on Lexmark International Group (NYSE: LXK) (N) (S) to "buy" from "accumulate," boosting shares of the printer company $2 7/16 to $34 1/2. Could it be that Merrill Lynch thinks that technology containing chips might actually sell? ;-) And he even forgot to line himself up with his own scenario... ...but according to Merrill Lynch analyst Tom "Bi-Polar" Kurlak, semiconductor industry overcapacity will restrain growth for Altera. Kurlak is looking for EPS growth of 9.7% in 1998 from Altera. Other analysts are looking at the situation as a replay of past inventory corrections and are reiterating "buys" in the face of a historically low valuation for the maker of specialty logic devices. Ian.