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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: orkrious who wrote (7062)11/23/2002 9:29:39 PM
From: Cary Salsberg  Read Replies (1) of 95531
 
RE: "This has not yet reached the newswires but a friend of mine at KLA-Tencor has told me that meetings were held this week wherein a FIFTY percent revenue decline is being forecast by upper management."

Peak quarterly revenue in the 2000-2001 year was $601M. Next quarter's revenue forecast was $330M. Another $30M decrease and you have your FIFTY percent revenue decline from peak revenue.

Since the author doesn't state revenue decline "from what", my guess is that "what" is the peak.
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