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Strategies & Market Trends : The Amateur Traders Corner

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To: gladman who wrote (10452)6/8/2001 2:15:02 PM
From: Tom Hua  Read Replies (1) of 19633
 
14:12 ET FSI Intl (FSII) 11.99 -0.55 (-4.4%): -- Update -- "Even though we are seeing a slowing in the rate
of pushouts and cancellations, we now believe that the current industry downturn will be prolonged and we are
not anticipating any significant recovery until the first half of calendar 2002." Sees Q4 revenues declining another
10%-20% from Q3 level. To reduce workforce by 12%, on top of the 16% reduction announced in March.

14:08 ET Anadigics (ANAD) 21.16 -1.49: Hearing from sources at Wit SoundView that the firm said in its
afternoon call that it expects ANAD to lower the bar during their analyst call on Monday.

14:08 ET FSI Intl (FSII) 11.93 -0.61 (-4.9%): Semiconductor equipment maker revises its near-term business
outlook as a result of the continuing weakness in the semiconductor industry; sees Q3 net of slightly above $0.00
(consensus $0.01); puts sales at $55 mln, down 25.6% sequentially.
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