American Technology Research: 'Buy Defense, Reduce Electronics'.Business Editors OLD GREENWICH Old Greenwich is a neighborhood or section in the southeast corner of Greenwich in Fairfield County, Connecticut, United States. The Old Greenwich Railroad Station serves commuters in the neighborhood. , Conn.--(BUSINESS WIRE)--Sept. 9, 2002 American Technology Research, Inc. today initiated coverage on 27 stocks, including 'buys' on nine defense stocks given the current global political instability instability /in·sta·bil·i·ty/ (-stah-bil´i-te) lack of steadiness or stability. detrusor instability and historically low levels in defense and security spending. "Investors stand at a watershed watershed, elevation or divide separating the catchment area, or drainage basin, of one river system or group of river systems from another system or group of systems. The term is also often used synonymously with drainage basin. , looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. positive fundamentals. Our answer is quit looking to Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. and start at the Washington Beltway," wrote Rick Whittington, Director of Research for AmTech Research. "Ask the question: 'What is it the world wants?" The answer rings loud and clear: Greater Security and Cheaper Technology." With excess capacity and lack of visibility in the end markets for the semiconductor industry, Whittington today initiated coverage at 'hold' for 15 stocks in the sector. The stocks and ratings follow: Defense: Anteon BUY Alliant Techsystems BUY Rockwell-Collins BUY DRS Tech HOLD EDO HOLD General Dynamics BUY Integrated Defense HOLD L-3 Communications BUY Lockheed BUY Northrop Grumman BUY Raytheon BUY United Defense BUY Semiconductor: Analog Devices HOLD Applied Materials HOLD Advanced Micro HOLD Intel HOLD International Rectifier HOLD KLA-Tencor HOLD Linear Technology HOLD Micrel HOLD Micron Technology HOLD Maxim Integrated HOLD National Semi HOLD Novellus HOLD Semtech HOLD ST Micro HOLD Teradyne HOLD Whittington has 23 years experience covering defense electronics and technology stocks as an equity analyst as well as a portfolio manager. He has been rated often as one of the top research analysts on Wall Street in both the Defense sector and the Semiconductor sector by Institutional Investor Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. and the Greenwich Survey. Before joining AmTech Research, he had been in the research departments of various investment banks The following is a list of investment banks Financial conglomerates Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance. , including Banc of America, Soundview Technology Group, Prudential Prudential is the name of two different companies and buildings named after them: Companies:
About American Technology Research American Technology Research is an employee-owned firm that provides independent, timely and focused research on technology-forward companies to institutional trading clients. The firm's research team includes strong technical backgrounds, as well as experience on the buy- and sell-side. The firm has offices in Old Greenwich, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and Denver. For more information on American Technology Research, visit our website at www.amtechresearch.com or call 203/978-9600. |
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