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Technology Stocks : Credence (CMOS): Anyone out there -- Ignore unavailable to you. Want to Upgrade?

To: smallcapmaven who wrote (472)	3/5/2001 2:53:13 PM
From: BWAC	Read Replies (1) \| Respond to of 497

Well lets see here........just to balance out the doom opinion; lets reference back to this post from last week one day: ------------------------------------------------- To:smallcapmaven who wrote (74676) From: smallcapmaven Friday, Mar 2, 2001 2:56 PM Respond to of 75679 CMOS is toast...Didn't break resistance...lol!!! ------------------------------------------------- Now would you very much like this to go down a little? Just a tad? Possibly? Maybe? And the comment "CMOS is way overvalued here ..."? Define way? $1, $5, 50%?? CMOS current valuation is around $1.3 Billion at $25 per share. Which includes around $750 Million of cash, current receivables, and other assorted property belonging to the company. And effectively zero debt. So are you saying the earnings power of CMOS isn't worth $650 Million or about $11 per share? When in better times, oneday, someday, it has the potential to earn over $2 per share or in excess of $100 Million earnings, and generate a 25% return on equity? Or did you just based 'overvalued' on a snapshot momentary glimpse of the expectations for the current quarter extrapolated over the next several years? If this is the case, are you in fact recommending that this is the way to invest? So $25 per share may be a little low? It may be a little high? It may be just right? But it certainly isn't "way". I hazard to guess that if it was in fact "way overvalued" you certainly would not be here telling us all that. You should be busy building your short position instead of posting.

To: smallcapmaven who wrote (472)	4/18/2001 6:59:39 PM
From: smallcapmaven	Read Replies (1) \| Respond to of 497

Now We see a loss of $1 to $2 a share for FY 2001... >>>Wednesday April 18, 6:16 pm Eastern Time Credence Systems sees Q2 revs under $50 mln FREMONT, Calif., April 18 (Reuters) - Credence Systems Corp. (NasdaqNM:CMOS - news), a provider of test equipment for semiconductor makers, on Wednesday said it expects revenues for its current fiscal quarter ending April 30, to fall below $50 million due to weak product orders. ``Going into this quarter, we anticipated the continuing slowdown in the business. However, the magnitude and speed of the slowdown have been unprecedented,'' Chief Executive Officer Graham Siddall said in a statement. Graham said the company continues to believe its markets may not rebound in late calendar 2001 or early 2002 and said it will continue to control its costs. In February, Credence cut its workforce by about 14 percent and implemented a 12 percent reduction to the work schedule for the remaining employees. Credence makes automatic test equipment for the semiconductor industry. Its shares ended trading Wednesday up $2.49 at $23.76 on the Nasdaq. The news announcement came after the market closed.<<<<<<<<<<<<< The previous revenue estimate was almost double what they will come in at...Sadly there were some people that were mislead into buying this POS today... Breakebe IMO will not happen for atleast 2 years...A big drain on capital IMO!!!