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Technology Stocks : Earnings: Semiconductor
INTC 39.99-0.4%Oct 31 9:30 AM EST

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To: 2MAR$ who started this subject8/29/2002 6:43:10 PM
From: 2MAR$   of 266
 
NVLS Novellus comments on IT spending (24.29 +0.11) -- Update --
On its call, company says corporate spending has been very slow, but Q3 is seeing a slight uptick. Consumer spending has slowed and is more than offsetting the uptick on the corporate side... stock at 23.70.




16:43 ET NVLS Novellus suffers from push-outs (24.29 +0.11) -- Update --
On its call, company says bookings guidance of $220 mln could be "as low as $200 mln".....Over the last three weeks, NVLS has seen "significant push-outs from two key customers.".... stock at 23.62.




16:40 ET NVLS Novellus lowers bookings and shipment guidance (24.29 +0.11) -- Update --
On its conference call, company lowers Q3 bookings guidance to $220 mln vs July 22 guidance of $250 mln... shipments should be $245 mln vs earlier guidance of $260 mln due to push-outs from key customers.... stock at 23.70.
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