% | $
Quotes you view appear here for quick access.

Teradyne Inc. Message Board

  • As_the_world_turns As_the_world_turns Jul 14, 2000 9:01 AM Flag

    Merrill Report Details

    � We met with TER management this morning.

    TER said business with Motorola has never been
    stronger. Motorola is one of TER�s top
    customers this
    year. Motorola has been buying multiple products from
    the high-end to
    the low-end of TER�s product line.
    TER is unaware of any major program that it has
    won at Motorola and if its competitor, LTX, has won
    something, we believe it is a
    smaller program.

    Management also indicated that in the last 4 weeks demand
    has strengthened puting
    some constraints on its
    supplier base.
    � Conclusion: We remain confident in our
    estimates and reiterate our Buy rating on TER.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Additional comments from meeting with TER
      � The company sees its newly announced Tiger mixed
      signal tester as best in breed.
      � The connector and
      backplane business - 20% of 1q business - continues to grow
      than the rest of the company. On track to grow 65%
      this year.
      � We reiterate our Buy rating.

18.76-0.120(-0.64%)May 4 4:02 PMEDT