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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (1829)12/11/1997 12:42:00 PM
From: Kirk ©  Read Replies (1) | Respond to of 3696
 
From InfoBeat:
======================================================================
Merrill Lynch & Co. analyst Robert Stern lowered his
intermediate-term rating to neutral from accumulate on VEECO
INSTRUMENTS (down 6-7/8 at 28-1/4 @ 12:10 p.m. ET). The analyst
reduced his intermediate-term rating on CREDENCE SYSTEMS (down
4-3/8 at 20-3/8) to neutral from buy and his long-term rating to
accumulate from buy. Stern also lowered his long-term rating on
LAM RESEARCH (off 4 at 27-1/8) and ULTRATECH STEPPER (down 2-5/8
at 20-5/16) to accumulate from buy, while keeping his
intermediate-term neutral rating.
======================================================================
Maybe the price dropped enough that he decided to lower expectations???huh???

New Article suite101.com

regards
Kirk out