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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: etchmeister who wrote (3735)2/7/2009 10:12:50 AM
From: Cary Salsberg   of 3813
 
Rick Hill responded that $250-300, annual $1000-1200, would be $1200-1400 when non semi-equip revenues are added. Op Ex of $90-95, annual $360-380, and a target 45% gross margin result in annual operating income of $160-270. With a 20% tax rate and 96 million shares outstanding, this produces much better results than the analysts suggested annual EPS of $0.80.
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