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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST
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To: Proud_Infidel who wrote (2748)8/29/2002 9:05:16 PM
From: Ian@SI  Read Replies (2) of 25522
 
Brian,

Here's what Briefing had to say. Note that there was a one-time charge relating to the Convertible issue being put to them. Without that one-time charge, earnings would be $0.10, the consensus estimate.

Ian

++++++++++++++++++++++++++++++

4:40PM Novellus lowers bookings and shipment guidance (NVLS) 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.

4:38PM Novellus guiding lower (NVLS) 24.29 +0.11: -- Update -- On its conference call, company guides lower. Q3 revenue and EPS goes to $230 mln and breakeven vs Multex consensus of $250 mln and $0.10...stock at 24.06.
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