Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Proud_Infidel who wrote (1411)	6/12/2001 8:28:51 AM
From: dantecristo	Respond to of 1929

Brian, I wouldn't worry about Susan B. Felch though: FALCON: I understand that nothing has been discussed. Do you have an understanding as you sit here now, a belief, of whether or not one of the Varian corporations will protect you in some manner financially from any of the claims being made by Mike or Mary? POPPE: Are you asking about understanding or belief? FALCON: Well, let's start with belief. And then we'll go to understanding if the two are different. POPPE: It's a yes or no question. FELCH: The question is? FALCON: What is your belief? FELCH: Okay. I have a belief that they would protect me.

To: Proud_Infidel who wrote (1411)	6/12/2001 2:53:04 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 1929

RESEARCH ALERT - Robertson cuts Varian 2001 estimate NEW YORK, June 12 (Reuters) - Robertson Stephens lowered its 2001 earnings estimate for Varian Semiconductor Equipment Inc. (NasdaqNM:VSEA - news) on Tuesday after the microchip tool maker laid off 20 percent of its workers and warned third-quarter revenues will miss Wall Street estimates. In a research note, Robertson reduced its 2001 earnings estimate to $1.83 per share from $2.03 per share. It noted Gloucester, Mass.-based Varian anticipates third-quarter revenues to decline 30 percent to 35 percent sequentially to $125 million to $135 million compared to its previous guidance of a sequential decline of 25 percent. ``As long as revenues exceed the $100 million mark we expect the company to remain at break-even level,'' the note said.