SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lucretius who started this subject4/10/2003 9:35:08 AM
From: Teri Garner  Read Replies (2) of 436258
 
09:32 ET NVLS Novellus cut to Sell from Neutral at Fahnestock; price risk to $18 (26.98 -0.08)
Fahnestock downgrades NVLS to Sell from Neutral based on expectations for cautious Q2 guidance; firm believes Q2 orders are likely to be down 5-10% sequentially, and thinks their Q2 and Q3 rev and EPS ests are too optimistic; believes 2003 EPS may be closer to $0.40 rather than their current $0.59 est, and if firm makes such an est cut, it would lower the predicted near-term risk for the shares to $18 and the 12-month upside to $28.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext