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

To: Doughboy who wrote (1976)	3/2/1999 6:03:00 PM
From: yard_man	Respond to of 3813

Good luck ...

To: Doughboy who wrote (1976)	3/2/1999 11:43:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3813

RESEARCH ALERT - Chip equipment companies raised Reuters, Tuesday, March 02, 1999 at 17:47 NEW YORK, March 2 (Reuters) - SoundView Technology Group said Tuesday that analyst Michael O'Brien raised his rating on two semiconductor equipment companies. -- Raised Applied Materials Inc. (NASDAQ:AMAT) to strong buy from buy. Reiterated price target of $90 per share. Raised earnings estimates to $1.10 a share from $1.01 for fiscal 1999 and $2.17 from $1.90 for fiscal 2000. -- Raised Novellus Systems Inc. (NASDAQ:NVLS) to buy from hold with a price target of $88 per share. Kept fiscal 1999 earnings estimate at $1.66 a share and raised 2000 estimate to $2.95 from $2.67. -- Applied Materials rose 2-1/8 to 59-3/16 and Novellus dipped 1/4 to 59-5/8. Copyright 1999, Reuters News Service