08:08 ET S&P Index Changes : InVision Technologies (INVN) will replace Information Resources (IRIC) in the S&P SmallCap 600 Index after the close of trading on Monday, January 27, 2003.
08:07 ET Cabot Micro upgraded at Wells Fargo (CCMP) 47.46: Wells Fargo upgrades to Buy from Hold, saying Dec qtr results and March guidance have allayed their short-term concerns; says stock is "by far" their favorite long idea in the semi equipment/materials space. Target is $75.
Re INVN and LLL, could there be another (fundamental) side to this...with the government now so heavily invested in this equipment, wouldn't INVN and LLL be in a good position to 'extract' R&D money to minimize the number of false alarms? And then (longer term) would they not be in a position to make money on upgrades?