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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: orkrious who wrote (2524)12/19/1999 11:36:00 PM
From: A. Edwards  Read Replies (1) of 3813
 
NVLS changes in projections:

ML: Revenue Q499E: 172 MM 1H2000E: 385 MM
EPS Q499E: 0.63 1H2000E: 1.47

SSB: Revenue Q499E: 175 MM 1H2000E: 365 MM
EPS Q499E: 0.65 1H2000E: 1.45

NVLS sees Revenue Q499E: 190 MM 1H2000E: 500 MM min.
EPS Q499E: 0.75 min. 1H2000E: 1.9 min.

Based on conservative estimates above, all major brokerage houses will have to revise EPS and price target upwardly before the bell tomorrow.

We are looking at a very nice pop on NVLS right at the open.
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