Novellus Message Board - Msg: 8194061

STOCKTALK

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.

Technology Stocks : Novellus

NVLS 2.400

+2.1%

Jul 24 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Math Junkie who wrote (2018)	3/7/1999 3:41:00 PM
From: brushwud	Read Replies (1) of 3813

Well, they did lose one quarter! > Novellus has not had a losing quarter in at least five years. What was referred to in posting #1921 is mentioned in a footnote on their web site: (1) The Company's reported loss of $153.7 million or $4.66 per share for the quarter ended June 28, 1997 includes pre-tax one-time charges totaling $235.2 million, consisting of $133.5 million in connection with the acquisition of the Thin Film Systems Business from Varian Associates, Inc., a write-off of $17.7 million in connection with outstanding accounts receivable from Submicron Technology, Inc. and charges totaling $84.0 million in connection with the May 5, 1997 settlement of the TEOS patent litigation. See the Company's Report on Form 10-Q for the quarter ended June 28, 1997.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next