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


To: Proud_Infidel who wrote (1406)5/23/2001 11:13:08 AM
From: dantecristo  Respond to of 1929
 
Brian-Any PLAD sales?
No?
Have you seen what Susan B. Felch has been up to lately:
geocities.com



To: Proud_Infidel who wrote (1406)5/29/2001 3:46:47 PM
From: ima_posta2  Respond to of 1929
 
Brian, what's your take on Kevin Felch
the husband of VSEA SLAPPer Susan B. Felch getting subpoenaed?
Being deposed is mighty serious stuff, not to be taken lightly.
I know VSEA is down again, but I'm not sure this latest announcement has yet had any effect. I would think most stockholders like myself are still taken back from Mrs. Felch's confession under oath that her camera could capture the INSIDE of one or more Varian bathrooms, eh Brian.



To: Proud_Infidel who wrote (1406)6/11/2001 8:12:42 PM
From: Proud_Infidel  Read Replies (2) | Respond to of 1929
 
Varian Semi Lowers Revenue Outlook
NEW YORK (Reuters) - Varian Semiconductor Equipment Inc. (NasdaqNM:VSEA - news), a maker of tools used in the production of microchips, on Monday warned that fiscal third-quarter revenues would fall below earlier expectations as a result of continued weakness in the chip industry, and said it has cut 20 percent of its work force since Jan. 1.

The company, whose devices shoot out ion beams to alter the surfaces of semiconductor materials, said it has also planned a two-week shutdown in July. Revenues in the quarter ending June 30 are expected to fall 30 percent to 35 percent from a year ago to between $125 million to $135 million, more than the 25 percent drop previously forecasted.

A glut of microchips and sluggish demand has slashed sales of equipment used to produce new chips. Earlier Monday, DuPont Photomasks Inc. (NasdaqNM:DPMI - news) whose plates project images of microchips onto silicon wafers, said it expected an earnings shortfall in the fourth quarter and would cut 6 percent of its staff.

Shares of Varian Semiconductor fell $2.37, or 5.6 percent, to $40.09 on the Nasdaq, off a 52-week high of $68.00.