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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA -- Ignore unavailable to you. Want to Upgrade?

To: Sherman Chen who wrote (1317)	2/15/2001 10:57:12 PM
From: dantecristo	Respond to of 1929

Sherman, I sure do hope Susan B. Felch is happy with VSEA. She is very scary with her trouble with nightmares, hallucinations, lies to her mother, etc. I certainly would hope VSEA is making her very very happy. geocities.com

To: Sherman Chen who wrote (1317)	2/20/2001 2:36:17 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 1929

Richard A. Aurelio Elected to Additional Post of Chairman of Varian Semiconductor's Board Ernest L. Godshalk Promoted to President and Chief Operating Officer; Joins Board of Directors; Robert J. Halliday Named Chief Financial Officer GLOUCESTER, Mass.--(BUSINESS WIRE)--Feb. 20, 2001-- The Board of Directors of Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news) today announced the retirement of chairman J. Tracy O'Rourke and the election of chief executive officer Richard A. Aurelio to the additional post of chairman. The board promoted current chief financial officer Ernest L. Godshalk to the newly created position of president and chief operating officer and elected him a director of the company. The board also named Robert J. Halliday vice president and chief financial officer. All appointments are effective immediately. O'Rourke was chairman of Varian Associates' board and its chief executive officer from 1990 until his retirement from the board in 1999. He has been chairman of Varian Semiconductor since the company's spin-off from Varian Associates in April 1999. ``We thank Tracy for his long and dedicated service,'' Aurelio said. ``He has been an enormous positive influence on the growth of our technology and our business, giving generously of his time and energy.'' O'Rourke said, ``Dick Aurelio is ideally suited to take over the additional leadership role as chairman of Varian Semiconductor's board. His sharp strategic focus, along with a cutting edge background in ion implant technology and the skills that build great businesses, has already served the company well. I wish him continued success.'' Aurelio joined the predecessor Varian Associates from a position as executive vice president of Holland's ASM Lithography, where he was also president of its U.S. affiliate. He was hired as president of the semiconductor equipment business in 1991 and was elevated to executive vice president of Varian Associates in 1992. He became president and chief executive of Varian Semiconductor Equipment Associates at the time of its spin-off from Varian Associates in April 1999. Aurelio welcomed both Godshalk and Halliday to their new posts. ``Ernie has worked tirelessly on both operational and financial challenges since joining our team shortly before our spin-off,'' Aurelio commented. ``His proven ability to energize others and work through the tough questions that arise in a manufacturing environment, and his attention to customer needs, will be tremendous assets in his new position.'' Godshalk joined Varian Associates as vice president of finance of the semiconductor equipment business in 1998. Prior to joining the company, he was managing director of Elgin Management Group (an investment company), a position he held from 1993 to 1996 and again in 1998. Mr. Godshalk was chief financial officer of Prodigy Communications Corporation from 1996 to 1998. Commenting on Halliday's appointment as chief financial officer, Aurelio said, ``Bob brings more than 20 years of financial leadership and information technology experience to our team. His global perspective and record of working with growth businesses in the high technology sector are valuable assets for us,'' Aurelio said. Halliday holds an MBA from the Wharton School of Finance and is a Certified Public Accountant, as well as a member of the Financial Executives Institute. In addition to working in public accounting, Halliday has worked for a number of public technology companies, including Ionics (NYSE: ION - news), where he was chief financial officer for 10 years, Symbolics, Inc. and Millipore Corporation. About Varian Semiconductor Varian Semiconductor Equipment Associates is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only. Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's intention to repurchase shares of its common stock from time to time under the stock repurchase program and the intended use of any repurchased shares are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, the market price of the company's stock prevailing from time to time, the nature of other investment opportunities presented to the company from time to time, the company's cash flows from operations, general economic conditions, and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

To: Sherman Chen who wrote (1317)	2/21/2001 9:45:32 AM
From: ima_posta2	Respond to of 1929

I don't know about Sue, but VSEA opened DOWN again today! How much of the catastrophic drop in price has to do with Susan B. Felch, but I do expect tomorrow's SLAPP deposition of her underling, a Carl Herrera, to be informative and to help me make my investment decisions! After all, Mr. Herrera was one of those Varian employees who used at least one of the company bathrooms that was secretly and continuously videotaped by Susan B. Felch circa May 1998. Good luck - I'm quite long!

To: Sherman Chen who wrote (1317)	2/22/2001 9:43:01 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 1929

Morningstar.com Fishing for Bargains in the Tech Bin By Frank W. Stanton Although big stakes in the technology sector have been the kiss of death for growth funds like Merrill Lynch Focus Twenty (NA: MFOCX) this year, they haven't hurt value funds like Dreyfus Small Company Value (NA: DSCVX). With a little over a quarter of its assets invested in tech, the fund is up 21.87% for the year, which not only makes it this year's best- performing value offering, but the second-best-performing domestic- equity fund overall. Granted, many of this year's better-performing funds are run by value managers,and small-value funds are doing particularly well. Up 4.31% on average for the year, small value is this year's best- performing domestic-equity fund category. Still, the Dreyfus Small Company Value Fund isn't your average small-value fund. For starters, manager Peter Higgins has steered almost entirely clear of the normally stodgy, but last year's sizzling, financials sector, whereas the average value fund stashes 21% of its assets there. That proved to be a huge disappointment for the fund's shareholders last year when financials soared. With the tech-heavy Nasdaq Composite index crumbling, and stocks like Golden State Bancorp (NYSE: BSB - news) shooting up 83.9%, Higgins' atypical small- value fund eked out a 5.40% return for 2000, while its average peer jumped up 17.38%. So far this year, however, financials have fizzled. ``Oddly, many [financial stocks] seem to have run up on anticipation of Fed rate cuts, then sold off after they actually occurred,'' says Morningstar senior fund analyst Scott Cooley. Higgins thinks some of last year's rally in financials stemmed from investors' flight from the battered tech sector into more ``defensive'' areas. That might help explain why regional-bank stocks, which had performed poorly for much of 2000, rallied so hard toward the end of the last year's fourth quarter. But underweighting financials still doesn't explain Higgins' success this year. The key is Higgins' strategy of fishing for great values in the market's bargain bin, regardless of which sector they reside in. Take Varian Semiconductor (Nasdaq: VSEA - news), which manufactures equipment used to produce semiconductors. Like a lot of its technology peers, the stock got hammered last year--down 30.1%-- as the PC industry went into a slump and semiconductor sales slowed down worldwide. Although the stock probably deserved to get knocked down from its lofty perch--it traded as high as $73.25 a share in May last year--Higgins figured the company was ``ridiculously cheap'' once it began trading in the low $20s. Indeed, Morningstar stock analyst Jeremy Lopez pointed out in his most recent analysis that Varian has been trading at an attractive discount to the rest of the industry and most of its peers. ``At less than one times sales and six times current earnings, the shares are dirt cheap,'' Lopez says. Apparently the market agrees. So far this year, Varian is up 35.53%, making it one of the year's best-performing semiconductor-equipment makers. Higgins isn't the only small-value manager who has found some great bargains in the technology bin this year. John Montgomery's Bridgeway Ultra-Small Company Fund (NA: BRUSX) is up 16.1% this year, and Al Frank's Al Frank Fund (NA: VALUX) is up 13.98%. Both managers keep about a third of their assets in the tech sector. Like the Dreyfus Small Company Value Fund, however, both funds underperformed their small-value peers last year since they underweighted the financials sector.

To: Sherman Chen who wrote (1317)	2/26/2001 8:47:57 AM
From: Proud_Infidel	Read Replies (2) \| Respond to of 1929

Varian Semiconductor Equipment Wins 300mm Order From United Microelectronics Corporation -- UMC GLOUCESTER, Mass.--(BUSINESS WIRE)--Feb. 26, 2001--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news), a leading supplier of ion implantation systems, today announced that it has received an order for a VIISta 810 ion implanter from United Microelectronics Corporation (NYSE: UMC - news), a world-leading foundry services provider headquartered in Hsinchu-City, Taiwan. The VIISta 810 system will be installed in the new UMC 12A 300mm foundry fab in Tainan, which has an expected capacity of 30,000 wafers per month. ``The VIISta 810 ion implanter provides UMC with significant single wafer production advantages, and contributes to our efforts to establish UMC as a leader in foundry technology,'' stated UMC's president of business group, Dr. Frank Wen. ``The proven track record of our existing VIISta 810 systems at UMC 200mm fabs, coupled with Varian Semiconductor Equipment's strong service and support, combine to provide us with the performance we need to meet the demands of the expanding 300mm marketplace.'' The VIISta 810 medium current system is designed to provide cost of ownership advantages for 300mm production by achieving wafer throughput at a rate in excess of 230 wafers per hour. In addition, VIISta provides the performance attributes necessary for next generation integrated circuits. The highly parallel beam, in combination with total incident angle control, allows VIISta to provide optimal threshold voltage (Vt) control and the angular placement accuracy required for halo and pocket implants. Both implant types are considered critical to optimizing sub 130nm integrated circuit performance. Richard A. Aurelio, Varian Semiconductor Equipment's chairman and chief executive officer remarked, ``We are very pleased that UMC continues to select the VIISta 810 ion implanter to support their 300mm efforts at their new fab in Tainan. The strong acceptance of our VIISta products in semiconductor markets like Taiwan is critical to our growth and greatly contributes to our position as the industry's technology leader in ion implantation products.'' About UMC UMC, a world-leading semiconductor foundry, operates seven wafer fabs in Taiwan's Hsinchu Science Park. UMC's Japanese subsidiary, Nippon Foundry Inc., has one fab in Japan and UMC's joint venture with Hitachi, Trecenti Technologies, is readying to ramp production in its 300mm fab in Japan. UMC has also started construction on a 300mm facility in Taiwan's Tainan Science Park, with pilot production scheduled to start by third quarter 2001. UMC is a leader in foundry technology, with facilities ramping to reach an annual output of 2.4 million eight-inch equivalent wafers per year in 2000. UMC's joint development program with IBM and Infineon Technologies is progressing with its schedule to introduce the WorldLogic standard 0.13-micron technology this year. UMC serves customers around the world through sales and marketing offices located in the United States, Japan, and the Netherlands. UMC can be found on the web at umc.com. About Varian Semiconductor: Varian Semiconductor Equipment Associates, Inc. is an industry leader in designing, manufacturing, marketing and servicing ion implantation systems, semiconductor processing equipment used in the fabrication of integrated circuits. Through the process and productivity advantages of single wafer technology, VSEA is providing chipmakers with high throughput, low cost and maximum yields. The company is based in Gloucester, Massachusetts and maintains offices around the world. Its stock is traded on the NASDAQ National Market System under the symbol ``VSEA.'' Additional information and background is available on VSEA's website www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only. Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the industry outlook, the company's sales growth, market share, capacity utilization and technological improvements and benefits, and any statements using the terms ``believes,'' ``anticipates,'' ``expects,'' ``plans'' or similar expressions, are forward-looking statements. The forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: the short operating history for the company as a separate entity; volatility in the semiconductor equipment industry; significant fluctuations in the company's quarterly operating results; risks associated with the company's transition to a new information technology infrastructure; the impact of rapid technological change and the company's dependence on the development and introduction of new products; the company's concentration on ion implantation systems and related products; concentration in the company's customer base and lengthy sales cycles; the highly competitive market in which the company competes; risks of international sales; foreign currency risks; uncertain protection of patent and other proprietary rights; potential environmental liabilities; the company's reliance on a limited group of suppliers; the ability of the company's suppliers to respond to increased demand for parts; the company's dependence on certain key personnel; as well as other risk factors described from time to time in the company's periodic reports and registration statements filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

To: Sherman Chen who wrote (1317)	2/27/2001 11:02:21 AM
From: ima_posta2	Respond to of 1929

Sherman, Susan B. Felch is rescheduling tomorrow's SLAPP deposition. I don't know the specifics, yet, although I suspect nightmares might be an issue. Doesn't matter too much - VSEA is down again in early morning trading!

To: Sherman Chen who wrote (1317)	3/1/2001 11:31:08 AM
From: Proud_Infidel	Read Replies (2) \| Respond to of 1929

VSEA up on an ugly day for technology, and the SCE sector in particular.....Impressive.

To: Sherman Chen who wrote (1317)	3/5/2001 7:36:08 PM
From: Proud_Infidel	Read Replies (3) \| Respond to of 1929

Varian Semiconductor Comments On Fiscal 2001 Second Quarter Outlook GLOUCESTER, Mass.--(BUSINESS WIRE)--March 5, 2001--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news) today announced that, based on the current business environment, it expects revenue for the second fiscal quarter ending March 30, 2001, to be below the guidance the company had provided on January 25, 2001 in its earnings press release and conference call. ``As a result of continuing weakness in the fundamentals that drive our customers' capital spending plans,'' said Richard A. Aurelio, Varian Semiconductor's chairman and chief executive officer, `` we anticipate that the quarter's total revenue will increase no more than 10 percent over the same quarter last year. Our earlier guidance had anticipated an approximately 15 percent increase in revenue for the quarter over the same quarter last year.'' (Total revenue in last year's second quarter was $156 million.) ``Although some customers have asked us to delay deliveries and a few have cancelled orders,'' Aurelio continued, ``we believe we are maintaining our market share gains of the last year. Our customers' recognition of the importance of our new VIISta platform for their needs in increasing fab productivity and advancing their own technology, particularly for 300 mm production, is an important factor in our market leadership. Visibility about future business trends remains limited, but we believe we are well positioned to capture additional market opportunities despite changes in the business environment.'' Aurelio also noted that the company is implementing cost and capital expenditure reduction plans consistent with lower revenue expectations. ``We are continuing to maintain a focused and active R&D program,'' he noted, ``to advance our strategic leadership in ion implantation technology.'' For the remainder of fiscal 2001, the company advised that it expects total revenue to be in line with industry performance. ``With current industry dynamics uncertain,'' Aurelio said, ``it is impossible to predict when more rapid growth might resume. Consequently, we are no longer able to provide guidance for the fiscal second quarter or full year regarding such factors as gross margin, operating expenses as a percent of revenue or net income.'' Varian Semiconductor will present at the Morgan Stanley Dean Witter Semiconductor and Systems Conference on Tuesday, March 6, 2001. The company plans to issue results for its second quarter of fiscal 2001 after the close of the market on April 25, 2001. At 5 p.m. eastern time on that day, the company will conduct a conference call to discuss its second quarter results for the coming quarters. Information on how to access a webcast of both the Morgan Stanley Conference presentation and the earnings conference call will be provided on the company's website, www.vsea.com. About Varian Semiconductor Varian Semiconductor Equipment Associates is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only. Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's operating outlook, market share and technology leadership are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the company's customers; significant fluctuations in the company's quarterly operating results; the impact of rapid technological change and the company's dependence on the development and introduction of new products; the company's concentration on ion implantation systems and related products; concentration in the company's customer base and lengthy sales cycles; the highly competitive market in which the company competes; risks of international sales; foreign currency risks; general economic conditions; and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

To: Sherman Chen who wrote (1317)	4/2/2001 10:22:32 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 1929

Varian Semiconductor Receives Significant Repeat Order From 1st-Silicon -Malaysia- Sdn. Bhd. Malaysia's First 200mm Integrated Circuit Foundry Orders Complete Suite of Varian Semiconductor Equipment Ion Implantation Tools GLOUCESTER, Mass.--(BUSINESS WIRE)--April 2, 2001-- Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news), a leading supplier of ion implantation systems, today announced that 1st-Silicon (Malaysia) Sdn. Bhd. has placed an additional multi-million dollar order for a complete suite of ion implant systems. The order includes Varian Semiconductor's VIISion 200 and VIISta 80 (High Current), EHPi 500 (Medium Current) and Kestrel 750 (High Energy) ion implanters. ``We are pleased to have Varian Semiconductor as our major supplier of ion implantation tools,'' stated 1st-Silicon's chief executive officer, Claudio G. Loddo. ``When every wafer counts you must partner with an organization that provides top quality products and award-winning customer support. Varian Semiconductor enables 1st-Silicon to prosper in a competitive environment and provide extremely high value to our customers. We look forward to the continuation of our business alliance with Varian Semiconductor, and advancing our integrated circuit production capabilities into the future through the support of this world-class organization.'' Ernest Godshalk, Varian Semiconductor's president and chief operating officer, remarked, ``We are excited to continue our support in 1st-Silicon's newest foundry expansion. This additional order for our ion implant systems further strengthens our partnership with 1st-Silicon and our commitment to providing customers with solutions, based on our technology leadership, that are simpler, smaller, faster, and smarter.'' About Varian Semiconductor: Varian Semiconductor Equipment Associates is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only. About 1st Silicon (Malaysia) Sdn. Bhd.: 1st-Silicon is a dedicated semiconductor foundry founded in 1998 by the Malaysian State of Sarawak. 1st -Silicon's 200mm wafer fab, with a full capacity in excess of 30,000 wafers per month, became operational in Q3 2000. Volume production of 0.25 micron digital and mixed signal CMOS technology began shipping in Q1 2001. Geometries of 0.18 micron and below will soon follow. 1st-Silicon's customers include its technology partner, SHARP, and other major semiconductor companies. The Company has its headquarters in Kuching, Sarawak, Malaysia, and a US registered Subsidiary Corporation located in San Jose, California. Please visit 1st-Silicon's homepage at www.1stsilicon.com for more information. Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's operating outlook, market share and technology leadership are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the company's customers; significant fluctuations in the company's quarterly operating results; the impact of rapid technological change and the company's dependence on the development and introduction of new products; the company's concentration on ion implantation systems and related products; concentration in the company's customer base and lengthy sales cycles; the highly competitive market in which the company competes; risks of international sales; foreign currency risks; general economic conditions; and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release.

To: Sherman Chen who wrote (1317)	4/11/2001 8:54:31 AM
From: Proud_Infidel	Read Replies (2) \| Respond to of 1929

Varian Semiconductor Inventor Awarded Patent for Acceleration And Analysis Architecture For Ion Implanter GLOUCESTER, Mass.--(BUSINESS WIRE)--April 11, 2001--Varian Semiconductor Equipment Associates, Inc. (NASDAQ: VSEA - news), a leading supplier of ion implantation systems, today announced that Tony Renau, Ph.D. was awarded U.S. Patent Number 6,130,436 for an advanced ion implant architecture incorporating unique and powerful ion acceleration and analysis technology. The invention and patent, which were assigned to the company, allow Varian Semiconductor's VIISta 810 medium current implanter to improve the yield of semiconductor devices by delivering an ion beam of exceptional species and energy purity. The VIISta 810 unique beam line architecture incorporates a filter magnet, which removes species contaminants at the source and thereby avoids the acceleration of unwanted species into the main analysis magnet. The result is ultra pure transport of the species to be implanted to the wafer. The beam design also virtually eliminates the possibility of energy contamination, thereby maximizing the VIISta 810's output over the full range of energies. Varian Semiconductor's next generation VIISta platform uses single wafer technology specifically designed for production of integrated circuits on both 200mm and 300mm wafers and provides fundamental innovations in system design, including a universal end station and VCS control system. This platform also provides higher throughput, lower particle counts and lower wafer risk by managing implants and implanter results one wafer at a time. Ernest Godshalk, Varian Semiconductor's president and chief operating officer commented, ``We continue to focus research and development efforts on the development of enabling implant technologies for our customers, allowing them to produce the next generation of integrated circuits. These new implant products are simpler, smaller, faster and smarter solutions that keep our customers - and us - on the cutting edge of technology. With the VIISta 810 medium current implanter, Varian Semiconductor continues to meet the technology requirements of our customers, thanks to the intellectual property contributions by Dr. Renau and other innovators in our organization.'' About Varian Semiconductor: Varian Semiconductor Equipment Associates is a leading producer of ion implantation equipment used in the manufacture of semiconductors. The company is headquartered in Gloucester, Massachusetts, and operates worldwide. Varian Semiconductor maintains a web site at www.vsea.com. The information contained in our web site is not incorporated by reference into this release, and our web site address is included in this release as an inactive textual reference only. Note: This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. For this purpose, the statements concerning the company's operating outlook, market share and technology leadership are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements. These include, among others, volatility in the semiconductor equipment industry; economic conditions in general and as they affect the company's customers; significant fluctuations in the company's quarterly operating results; the impact of rapid technological change and the company's dependence on the development and introduction of new products; the company's concentration on ion implantation systems and related products; concentration in the company's customer base and lengthy sales cycles; the highly competitive market in which the company competes; risks of international sales; foreign currency risks; general economic conditions; and other factors identified in the company's Annual Report on Form 10-K, and the most recent Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission. The company cannot guarantee any future results, levels of activity, performance or achievement. The company undertakes no obligation to update any of the forward-looking statements after the date of this press release.