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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: Gottfried who wrote (9098)	3/20/2003 8:29:05 PM
From: Ian@SI	of 95531

It will be interesting to see what the market does to ESIO tomorrow... +++++++++++++++++++++++++++++++ * 18:51 ET Electro Scientific guides below consensus, restates results (ESIO) 15.17 -0.35: Co provides preliminary Q3 guidance of -$0.37 on sales of $34.7 mln. Including restructuring expenses, guidance rises to a loss of $0.27. (Multex consensus -$0.05 and $36.57 mln). Based on an ongoing accounting review, co plans restate results for the qtrs ended Aug 31 and Nov 30. Expects results for the 1st qtr to be restated to a loss of $0.04 vs previously reported net income of $0.01. 2nd qtr will be restated to a loss of $0.42 from a loss of $0.34.

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