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Technology Stocks : Semi Equipment Analysis

SOXX 314.52

-0.6%

Dec 11 4:00 PM EST

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To: Return to Sender who wrote (3323)	5/28/2002 6:39:48 PM
From: Cary Salsberg	Read Replies (2) of 95572

NVLS has held a mid-quarter update. A next quarter forecast was not scheduled because next quarter forecasts are given with end of quarter earnings. The NVLS CEO is in his right mind and could give next quarter guidance, but that is not expected at this time. This quarter's order forecast was raised from $250M to $275M. I believe that is up from last quarter's $175M. I believe the peak orders for the last up cycle was $360M in Q4 2000.

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