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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (33504)	12/16/1999 9:48:00 PM
From: Proud_Infidel	Read Replies (4) \| Respond to of 70976

Can AMAT be far behind? biz.yahoo.com KLA-Tencor declares 2-for-1 stock split SAN JOSE, Calif., Dec 16 (Reuters) - KLA-Tencor Corp. (NasdaqNM:KLAC - news) announced on Thursday a two-for-one stock split in the form of a stock dividend. The stock dividend would be paid on or about Jan. 18, to stockholders of record on Jan. 4, the semiconductor company said in a statement.

To: Gottfried who wrote (33504)	12/17/1999 11:06:00 PM
From: Steve Fancy	Respond to of 70976

Thanks Gottfried! Here's some great news for you folks. I personally own NVLS, but this oughta fire up the entire sector on Monday. A 3-1 stock split too! sf ================================= Novellus says Q4 to beat estimates, splits stock Reuters, Friday, December 17, 1999 at 20:22 SAN JOSE, Calif., Dec 17 (Reuters) - Novellus Systems Inc. (NASDAQ:NVLS), a maker of equipment for manufacturing computer chips, said on Friday that booming sales meant its fourth quarter profits would beat Wall Street estimates "substantially". The San Jose, Calif.-based company said revenues for the three-month period would come in at around $190 million, with sales for the first half of next year topping $500 million. "Because of the significant increase in bookings we have experienced this quarter, we now expect to substantially exceed consensus street estimates for revenues and profits," Chief Financial Officer Robert Smith said in a statement. Smith gave no exact figures for expected earnings, but the company was expected to earn 65 cents a share for the fourth quarter, according to First Call/Thomson Financial, which compiles analyst estimates. Novellus also declared a three-for-one split of its common stock, with a record date of Dec. 30 and payment to be made around Jan. 15. The split would give Novellus about 240 million authorized common shares and about 120 million shares outstanding, it said without elaborating. Earlier on Friday, Merrill Lynch raised its earnings per share forecast for Novellus to $1.75 from $1.72 for this year, and to $4.00 from $3.35 for next year. "Penetration at accounts where they were historically weak such as Taiwan Semiconductor Manufacturing and Intel are producing big market share gains," Merrill said. Shares in Novellus rose 8-31/32 to 85-11/32 on the Nasdaq trading system on Friday. The earnings announcement was made after the close of U.S. markets. Copyright 1999, Reuters News Service