SI
SI
discoversearch

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 : Asyst Technologies (ASYT) Good Value/Where is the Bottom? -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (1267)3/1/1999 11:40:00 AM
From: Q.  Read Replies (1) | Respond to of 2313
 
asyst got a downgrade today from Salomon. Anybody know what the
reason was, and whether it was limited to asyt or was more sector-
wide?

edit ... a few minutes after I posted, I found more details:
biz.yahoo.com

Salomon Smith Barney said Monday it downgraded four companies in the
semiconductor industry over concern about the implications of
possibly slowing growth in the personal computer industry.

-- Cut Asyst Technologies Inc. (Nasdaq:ASYT - news) to neutral from buy.

-- Cut ATMI Inc. (Nasdaq:ATMI - news)
and Silicon Valley Group Inc. (Nasdaq:SVGI - news) to neutral from
outperform.

-- Cut Credence Systems Corp. (Nasdaq:CMOS - news) to outperform from buy.

-- Said maintained positive outlook on three top picks in the group:
Applied Materials Inc. (Nasdaq:AMAT - news), KLA-Tencor Corp.
(Nasdaq:KLAC - news) and Electro Scientific Industries Inc.
(Nasdaq:ESIO - news).