FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Donald Wennerstrom who wrote (1719)	1/18/1998 12:01:00 PM
From: H James Morris	of 2754

CHELMSFORD, Mass., Jan 16 (Reuters) - Brooks Automation Inc said Friday it expects to report first quarter revenues of about $24.6 million, below the range of $28 million to $30 million previously estimated. Shipment delays to Asian customers resulting from the current economic conditions in that region and the company's delays in new product shipments to other customers were the primary reasons for the reduced revenues, Brooks said in a news release. The company expects to announce results for the first quarter on January 22. Brooks supplies robots, software controls and tool platforms to semiconductor, data storage and flat panel display manufacturers. I just picked this up this morning. I guess they halted trading in Brks, for a while last fri. As Fsii said and Brks now, look out. The sidelines might be the best place the watch this sector unwind.

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