SI
SI
discoversearch

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 : ROBV-Robotic Vision Systems--DANG!! -- Ignore unavailable to you. Want to Upgrade?


To: Trey Yon who wrote (516)9/14/2000 11:46:37 AM
From: Trey Yon  Read Replies (1) | Respond to of 537
 
<Another shoe drops>
September 14, 11:37 am Eastern Time
RESEARCH ALERT - Robotic Vision cut to hold
CHICAGO, Sept 14 (Reuters) - McDonald Investments analyst Matthew Wolfersberger said on Thursday he cut his rating on Robotic Vision Systems Inc. (NasdaqNM:ROBV - news) to hold from aggressive buy after the semiconductor equipment maker said it expects lower fiscal fourth-quarter earnings.

-- Robotic Vision said earlier Thursday that it expects fiscal fourth quarter earnings to be as little as one-third of expectations, at 6 to 9 cents a share on revenues of $60 to $63 million.

-- Wolfersberger said the company cited deferrals in semiconductor equipment.

-- He said he had been expecting the company to earn 19 cents a share in the fiscal fourth quarter and quarterly revenues of $68 million.