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Politics : Formerly About Applied Materials
AMAT 328.51+1.9%Feb 2 3:59 PM EST

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To: Proud_Infidel who wrote (28525)2/23/1999 7:38:00 PM
From: Proud_Infidel  Read Replies (1) of 70976
 
After the close, CFM Technologies (CFMT -1/8 at 11 1/2) reported a Q1 net loss of $0.37 a share, $0.03 cents narrower than expected, versus year-ago loss of $0.09 a share, and Q4 loss of $0.43 a share... Like other chip equipment makers, year-ago comparisons not all that important... CFMT showed sequential improvement in earnings and net sales which were up 9% to $6.1 mln from Q4... Gross margins also improved to 20.1% from 2.2% in Q4, but were down from 44.2% in prior-year period.
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