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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: John Bloxom who wrote (11814)	12/22/1997 2:07:00 PM
From: D.J.Smyth	Read Replies (3) \| Respond to of 25960

Again, reference to .25mu processes ("next generation") - why don't these analysts upgrade Cymer?: RESEARCH ALERT - Advanced Tech (NASDAQ:ATMI) upgraded Reuters, Monday, December 22, 1997 at 12:24 LOS ANGELES, Dec 22 (Reuters) - Hambrecht and Quist analyst Gus Richard said he upgraded Advanced Technology Materials Inc to strong buy from buy, saying the recent sell-off in the stock appears to be overdone. -- "We believe that the semiconductor manufacturers must continue to produce chips even if they are unprofitable in order to offset depreciation," Richard said. -- "This drives the continued consumption of materials, roughly 70 percent of ATMI's business," he said. -- "We expect overcapacity to drive semiconductor manufacturers to accelerate the adoption of new process technology and migrate to next-generation devices. We believe that this will accelerate the adoption of ATMI's next-generation products." -- shares were up 1-1/4 at 21-3/4.