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Technology Stocks : Etec Systems moving up -- Ignore unavailable to you. Want to Upgrade?


To: michael c. peterson who wrote (938)5/27/1998 11:12:00 AM
From: Richard P. Roberts  Read Replies (2) | Respond to of 1279
 
ABN AMRO upgrades Etec (NASDAQ:ETEC)

Reuters, Wednesday, May 27, 1998 at 10:54

CHICAGO, May 27 (Reuters) - ABN AMRO said Wednesday it
upgraded semiconductor equipment maker Etec Systems Inc. to buy
from hold with a 12-month price target of $60.
-- Says in report that although volatility of quarterly
earnings per share is high, the stock at current levels has "an
excellent" risk/reward relationship.
-- Says company management is guiding revenue growth to 20
percent for fiscal 1999, down from 30 percent 90 days ago
because of weakness in Japan.
-- Stock down 3/4 at 39-3/4.
chicago.equities.newsroom@reuters.com))

Copyright 1998, Reuters News Service

I should be so lucky !!