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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: t2 who wrote (51417)4/15/2002 5:53:34 PM
From: Sully-   of 99280
 
17:46 ET Texas Instruments (TXN) 32.13 +0.33: -- Update -- On call, company says operating margin will increase in Q2 due to higher sales...maintains its cap-ex budget of $800 mln. Q1 was below forecast, but that should be made up later in the year...stock at 33.14.

17:44 ET Texas Instruments (TXN) 32.13 +0.33: -- Update -- On conference call, company says it is seeing positive signs for revenue growth. Book-to-bill was above one for each segment....Orders were up 20% sequentially....stock at 33.10.

17:43 ET Novellus winning analyst praise (NVLS) 50.40 +1.69: -- Update -- Call just concluded... tone from NVLS management was pretty upbeat throughout call and most analysts commended NVLS for its Q1 performance and Q2 guidance... NVLS +3.34 at 53.74
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