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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: Steve Patterson who wrote (2762)2/10/1998 8:44:00 AM
From: Paul Getman  Read Replies (1) | Respond to of 3736
 
Lehman Brothers chopped their earnings estimate for SFAM to $1.40 for fiscal 1998 (was 1.82) and to $1.80 for FY 1999 (was 2.30). Strangely, they still rank SFAM 1-Buy. I would have thought that such a markdown in earnings would have precipitated another downgrade to Buy/Hold.

lehman.com