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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (1059)3/25/1998 4:56:00 PM
From: Ty  Read Replies (1) | Respond to of 1779
 
Goldman Sach "upgrade" is deceiving

It was pointed out in the AMAT board by Jtechkid that the upgrade rating is actually deceiving. Some guy left another large firm to work for Goldman Sach. He brought over the same recommendations. The upgrade occurred not because of improving conditions at KLAC



To: Jerry Olson who wrote (1059)3/26/1998 9:26:00 AM
From: Teri Skogerboe  Read Replies (1) | Respond to of 1779
 
OJ,

It looks like they actually lowered KLAC, not that it seemed to matter, but a fwiw, anyway.

Wednesday March 25, 12:17 pm Eastern Time

RESEARCH ALERT-Semiconductor capital equipment cos

NEW YORK, March 25 (Reuters) - Goldman Sachs said Wednesday its new semiconductor capital equipment analyst, Gunner Miller, rolled out coverage on various stocks and in the process raised the firm's rating on Applied Materials Inc. (AMAT - news).

-- Applied Materials raised to recommended list from market outperform, Goldman said. Stock up 1-5/8 to 35-3/4.

-- Miller starts Teradyne Inc. (TER - news) on recommended list, Advanced Energy Industries Inc. (AEIS - news) as market outperform.

-- KLA-Tencor Corp. (KLAC - news) lowered to market outperform after being on recommended list. Stock up 1-1/2 to 38-1/2.

-- PRI Automation Inc. (PRIA - news) begun as market outperform, stock up 23/32 to 28.

-- Ultrak Stepper Inc. (UTEK - news) lowered to market perform from market outperform, stock up 3/16 to 21-7/16.

-- Veeco Instruments Inc. (VECO - news) started as market perform, stock gains 2-24/32 to 35-5/32.