Prudential again covering semi stocks

August 21, 2003 – Prudential Equity Group is once again covering semiconductor companies. Mark Lipacis, who joined Prudential from Merrill Lynch in April, initiated coverage of 13 semiconductor companies, including Intel, Texas Instruments, and AMD, with five buy ratings and eight holds. Prudential has been without a semiconductor tracker since Hans Mosesmann left earlier this year for securities firm SoundView Technology Group.

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