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Technology Stocks : PRI Automation (PRIA)

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To: Proud_Infidel who wrote (1197)11/20/2001 9:10:48 AM
From: Proud_Infidel   of 1214
 
8:00AM PRI Automation (PRIA) 18.46: Semi equipment maker reports Q4 (Sep) loss of $0.42 per share, $0.01 better than the Multex consensus of ($0.43); revenues fell 25.8% year/year to $59.1 mln vs the $60.0 mln consensus. For Q1, company sees rev of $46-$49 mln (consensus $58.2 mln). "We haven't seen any signs of an upturn, and clearly the full-scale transition to 300mm has been delayed. However, based on conversations with customers, we believe that the market may be bottoming out."
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