Semi-Equips - Buy when BLOOD is running in the streets! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 160.52

-4.9%

Dec 12 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ian@SI who wrote (9400)	1/23/2001 6:38:08 PM
From: Q.	Read Replies (1) of 10921

re. <<we're seeing a much more sustainable level >> (of bookings). Today, at LRCX, "Bagley told analysts during a conference call that bookings in the current quarter are expected to be down about 35 percent from the quarter ended in December." dailynews.yahoo.com Doesn't look like bookings are finding a "sustainable level" just yet. They're dropping, at least on a time scale of a few months. Looking further at Lam's guidance, "Revenues will fall to between $480 million to $490 million" (compared to $494.3 million in the December quarter). That means that their BTB, which was 1.1 for the December quarter, will drop in the March quarter to something like: 1.1 * 0.65 / ($485 M / $494 M) = 0.73 These figures for Lam might be an indication of what to expect for BTB figures from SEMI over the next couple of months. A BTB of about 0.73. How stocks might react to that news is hard to imagine. Lately they've been going up on disappointing news.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next