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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: etchmeister who wrote (1894)7/11/2009 2:39:39 PM
From: etchmeister   of 1929
 
This anal is not dumb at all - Ivan flat out lied.
Two months later another anal "discovers" Varian's (possible) break even point whle the stock was driven down on fume over the last couple months.
Eric should do some DD before posting this analyst crap allover the world. His current blog is useless.

May 1, 2009, 11:00 am
Varian Semi: Soleil Downgrades After Weak Q1; Stock Off
Posted by Eric Savitz

Soleil Securities analyst Nikolay Tishchenko this morning cut his rating on Varian Semiconductor (VSEA) to Hold from Buy after weak Q1 results and disappointing guidance yesterday from the semicoinductor equipment supplier. He maintains his $24 price targe on the stock, which yesterday closed at $25.59.

Tishchenko writes that he doesn’t see any meaningful near-term drivers for an upward earnings revision int he near-term. The analyst says in a research note that he continues to consider VSEA one of the best run companies in the industry, and that the downgrade is based solely on valuaition. I would note that the stock had rallied 74% from the November low through yesterday’s close.

VSEA today is down $2.21, or 8.6%, to $23.38.
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