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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Henry Eichorszt who wrote (28100)	2/9/1999 10:34:00 AM
From: Ian@SI	Respond to of 70976

Looks like there may be 2 short term events affecting the prices today. 1. Briefing has a rather negative outlook (what else is new!!) on the Chip Equipment sector using terms like "mania" and failing to acknowledge that the sector is cyclical. 2. Gus Richard left H&Q. February 8, 1999 Dow Jones Newswires Chip Equipment Analyst Richard Leaves Hambrecht & Quist Dow Jones Newswires NEW YORK -- Gus Richard, who was named an All-Star analyst by The Wall Street Journal in 1998 for his research on the semiconductor sector, has left Hambrecht & Quist Inc. Richard has taken a position as a buy-side analyst for Emerging Growth Management, a San Francisco-based investment firm that manages institutional accounts and two hedge funds. At H&Q, he primarily covered chip equipment stocks such as Novellus Systems Inc. (NVLS) and Applied Materials Inc. (AMAT) Richard's departure from H&Q follows that of Doug van Dorsten, who covered enterprise computing companies such as Hewlett-Packard Co. (HWP). A H&Q spokeswoman said the firm hasn't replaced Richard yet, but intends to do so. In January, the firm hired former PaineWebber Inc. analyst Walter Winnitzki to cover the personal computer industry. Hambrecht & Quist is a unit of Hambrecht & Quist Group Inc.