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Technology Stocks : Semi Equipment Analysis

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To: Donald Wennerstrom who wrote (30454)	5/16/2006 4:51:10 PM
From: Donald Wennerstrom	Read Replies (1) of 95499

16:32 PLAB Photronics beats on top and bottom line (17.81 +0.12) Reports Q2 (Apr) earnings of $0.30 per share, excluding $0.22 charge and a $0.04 gain, $0.09 better than the Reuters Estimates consensus of $0.21; revenues rose 5.8% year/year to $119.5 mln vs the $115.9 mln consensus. "We are very pleased with our second quarter performance which builds on the momentum we started in Q1. Revenue growth coupled with continued cost control discipline resulted in solid bottom line performance despite the restructuring charges we incurred as a result of our decision to close our Austin facility".

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