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

To: Wade who wrote (1705)	5/5/1998 1:06:00 PM
From: T Bowl	Read Replies (1) \| Respond to of 2272

RESEARCH ALERT - Semiconductor equipment stocks NEW YORK, May 5 (Reuters) - Salomon Smith Barney said on Tuesday analyst Milind Bedekar started coverage on shares of semiconductor equipment companies, including Applied Materials Inc. <AMAT.O> with a buy rating. Expects Applied Materials bookings of $900-$950 million for the second quarter and expects next round of earnings cuts on company to be the last. Stock up 1/2 to 36-3/8. Novellus Systems Inc. <NVLS.O> started as outperform with $51 price target. Believes Novellus and Applied are breaking away from the pack in supplying metallization solutions for 0.25/0.18 micron and damascene devices. Novellus stock up 1/2 to 48-3/8. Nanometrics Inc. <NANO.O> started with buy rating and $15 per share price target. With its leadership position in 300 millimeter film thickness measurement and a competitive product line-up for the 200 millimeter generation, believes company is well-positioned to steadily gain share. Stock up 1/4 to 9-3/4.