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To: shane forbes who wrote (9379)	2/3/1998 4:10:00 PM
From: shane forbes	Read Replies (2) \| Respond to of 25814

From Briefing.com: SEMICONDUCTOR STOCKS. Chip makers are again in vogue as Prudential Securities initiated coverage of several stocks in this group, providing the sector with an upward lift, and even helping issues that only received a "hold" rating this morning. Prudential started coverage of Intel (INTC 86 1/16 +3), LSI Logic (LSI 26 1/2 +1 5/16), Altera Corp. (ALTR 37 11/16 +1 1/4), Xilinx (XLNX 41 1/18 +1 1/8), Lattice Semiconductor (LSCC 53 5/16 +2 3/4) Exar Corp. (EXAR 21 +1/2), and Benchmarq Microelectronics (BMRQ 11 3/4 +1/2) with "buy" ratings and all these issues are posting nice gains, with Intel leading the pact. The firm also selected Altera to its "Single Best Idea" list, a stock in need of a helping hand as this programmable chip maker has been badly beaten-up during the past couple of months, falling from the $51 11/16 level in early December when it warned about its 4Q results. Afterwards, the stock sunk to $30 less than two weeks ago after the company reported its 4Q results and still managed to miss earnings estimates by a penny. But, Wall Street seems to be warming up to these issues once more as Prudential also started coverage of Atmel (ATML 17 5/16 +1/8), Anadigics (ANAD 14 1/2 +1/4), and Advanced Micro Devices (AMD 20 3/8 +5/16) with "hold" recommendations, but these issues have managed to translate a "do nothing" rating into positive gains today. Even issues like Micron Technology (MU 37 1/4 +2), which had moved up on its own previous to today's ratings initiation, has been able to profit form the positive sentiments being created by Wall Street. --- Got our 3 million day: 3,008,100 at 27.

To: shane forbes who wrote (9379)	2/3/1998 4:25:00 PM
From: shane forbes	Respond to of 25814

From AP - LSI makes movers list: Big Movers in the Stock Market .c The Associated Press NEW YORK (AP) - Some of the stocks that are moving substantially or trading heavily today on the New York Stock Exchange, Nasdaq Stock Market, and American Stock Exchange. NYSE PepsiCo, down 3/4 at 35 3/4 The soft drink and snack maker reported a fourth-quarter profit of $401 million, a 13-fold increase that edged many forecasts. Pepsi said its results were bolstered by its return to Venezuela and growth in Mexico, the Philippines, China and India. Newbridge Networks, down 5 7/16 at 20 1/16 The Canadian manufacturer of networking equipment warned late Monday that it will post weak results for its third quarter ended Feb. 1. Ontario-based Newbridge blamed disappointing sales of multiplexer systems, which increase the amount of data that can be transmitted over networks. Colgate-Palmolive, down 5/16 at 74 3/16 The New York-based company reported a 14 percent improvement in fourth-quarter earnings, boosted by strong sales of new products, especially toothpaste. The results edged many forecasts. Colgate also announced plans to repurchase up to 20 million of its common shares. Browning-Ferris Industries, down 2 9/16 at 30 11/16 The Houston-based waste management company posted disappointing results for the final three months of 1997, Merrill Lynch downgraded the stock following late Monday's report, Dow Jones News Service reported. RPC, up 1 15/16 at 12 15/16 The stock rebounded from Monday's 18 percent drop after RPC issued a statement saying it is unaware of any corporate developments that would explain the trading activity. Atlanta-based RPC provides oil-field equipment and services. Aztar, up 115/16 at 9 15/16 The Phoenix-based hotel operator obtained an option to acquire the remaining 50 percent interest in the Tropicana Resort and Casino in Las Vegas within 18 months for $120 million. The stake is currently owned by entities associated with the Jaffe family of Chicago. Harveys Casino Resorts, up 1 13/16 at 28 13/16 The stock rose for a second session after the operator of casino resorts in Nevada, Colorado and Iowa agreed to be acquired by the Los Angeles investment firm Colony Capital for $28 a share, or $420 million including assumed debt. NASDAQ Intel, up 2 15/16 at 86 LSI Logic (NYSE), up 1 5/16 at 26 1/2 Altera, up 1 5/8 at 38 1/16 Xilinx, up 1 5/8 at 41 5/8 Prudential Securities issued a ''buy'' rating on numerous semiconductor stocks, Dow Jones News Service reported, citing a contact at the investment firm. Genzyme, up 1 3/8 at 29 1/8 The Framingham, Mass.-based company said late Monday it has licensed its cancer assay methods for screening small-molecule compounds to Merck. Genzyme is to receive an initial payment, and could receive $8 million in milestone payments and royalties if Merck successfully develops a therapeutic product using the assay methods. Reuters Holdings, down 1 7/16 at 51 The stock continued to slide amid a probe into whether Reuters stole information from rival financial information provider Bloomberg. The New York Times reported that prosecutors are investigating whether Cyberspace Research Associates of Manhattan helped Reuters get information about Bloomberg's financial software operating code.