, a semiconductor developer, warned last night that its fourth-quarter revenue will fall 8% to 10% from the $14.5 million in revenue the company reported in the third quarter. That attracted the attention of
Credit Suisse First Boston
, which cut its fourth-quarter EPS view to nil from 1 cent and its 2001 EPS view to 1 cent from 7 cents.
downgraded the company to a hold from accumulate and cut its 2000 EPS to 5 cents from 6 cents and 2001 EPS to 2 cents from 7 cents.
CSFB also cut
fourth-quarter EPS view to 26 cents from 35 cents and its 2001 EPS view to $1.32 from $1.45.
El Paso Energy
( EPG): 12-month price target UP to $80 from $60 at
; 2001 EPS estimate UP to $3.20 from $3.15 and 2002 EPS estimate to $4.
( BMET): DOWN to accumulate from strong buy at Prudential and fourth-quarter EPS down to 33 cents from 34 cents. However, the firm raised Biomet's price target to $45 from $40.
: 12-month price target DOWN to $18 from $20 at Prudential and 2001 EPS DOWN to $1.11 from $1.25.
( SCH): fourth-quarter EPS DOWN to 13 cents from 14 cents at Prudential and 2001 EPS DOWN to 70 cents from 74 cents.
: 12-month price target DOWN to $15 from $20 at Lehman; 2000 EPS estimate DOWN to 45 cents from 80 cents and 2001 EPS estimate DOWN to 60 cents from $1.10.
( DPH): price target DOWN to $14 from $19 at Prudential.
: 2000 EPS view DOWN to $2.05 from $2.35 at
and 2001 EPS view to nil from $1.
Santa Fe International
( SDC): 2000 EPS view DOWN to 92 cents from 95 cents at
; 2001 EPS view DOWN to $1.60 from $1.90.
: DOWN to hold from accumulate at Prudential.
: NEW accumulate at Prudential; 12-month price target: $25.
John Hancock Financial Services
( JHF): NEW hold at Prudential.
Lehman Brothers started coverage on five environmental services companies: