Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dupont Photomasks (DPMI) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin G. O'Neill who wrote (698)	10/23/1998 1:48:00 PM
From: Rustam Tahir	Read Replies (1) \| Respond to of 955

Donaldson, Lufkin & Jenrette on Friday said analyst Robert Maire raised his view on shares of DuPont Photomosks Inc. to buy from market perform. In a research note, Maire said: On Thursday, the company said its first fiscal quarter net income was $0.21 a share, matching Wall Street expectations, compared with $0.59 a share in the year-earlier period. -- he set a 12-month price target of $50 a share. -- he raised his outlook on fiscal year 1999 earnings to $1.02 a share from $1.00, and projected fiscal year 2000 earnings at $1.65 a share. -- despite a strong U.S. dollar and weakness in Korean currency, business in Korea remained strong. -- ''we feel high end photomasks can offset (weak pricing) in the long run and weak low end pricing will hurt competitors more than DPMI.''