Silicon Investor (SI) -- The First Internet Community

discover

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 : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (1669)	1/17/2002 6:09:42 PM
From: Return to Sender	Read Replies (1) \| Respond to of 95572

From Briefing.com: 4:47PM Simplex Solutions (SPLX) 13.32 +0.46: Reports Q1 (Dec) net of breakeven, in line with the Multex consensus of $0.00; revenues rose 21.2% year/year to $11.1 mln vs the $11.0 mln consensus. 4:44PM IBM (IBM) 119.90 +2.65: -- Update -- On conference call, company says consenus 2002 EPS estimate of $4.81 is reasonable. 4:35PM Microsoft (MSFT) 69.86 +1.99: -- Update -- Hearing from multiple trading floors that the $0.08 charge was included in estimates, and that the company therefore missed the EPS consensus by two cents, reporting $0.41 vs the consensus of $0.43. Stock trading down to 68 after hours. 4:33PM TranSwitch (TXCC) 4.40 +0.36: Reports Q4 (Dec) loss of $0.11, a penny better than the Multex consensus of ($0.12); revenues were $4.5 mln vs consensus of $4.4 mln. 4:30PM Xilinx (XLNX) 43.06 +1.78: -- Update -- Reports Q3 pro forma EPS of $0.07, $0.03 better than consensus; revs increased sequentially to $228.1 mln, better than consensus of $212.88 mln. 4:24PM Microsoft (MSFT) 69.86 +1.99: -- Update -- For MarQ, co sees EPS of $0.50-$0.51 on rev of $7.3-$7.4 bln. Current estimates for the qtr are $0.47 and $7.475 bln. For the full yr, co sees EPS of $1.57-$1.60 (consensus $1.83) and rev of $28.8-$29.1 bln (consensus $28.68 mln). 4:24PM Microsoft (MSFT) 69.86 +1.99: -- Update -- Company reports Q2 earnings of $0.41 per share including an $0.08 charge; earnings are $0.49 per share without the charge; current consensus estimate is for earnings of $0.43 but it is unclear whether the charge is included in consensus estimates. Reports revenues of $7.74 bln versus the consensus estimate of $7.2 bln and are guiding higher for next quarter. 4:18PM Transmeta (TMTA) 2.19 -0.16: Reports Q4 (Dec) loss of $0.18 per share, in line with the Multex consensus of ($0.18); revenues fell 88.2% year/year to $1.5 mln vs the $1.0 mln consensus; guides lower on revenues; sees Q1 revenue in the range of $3.5-$4.0 mln versus the current consensus estimate of $4.5 mln. 4:16PM IBM (IBM) 119.90 +2.65: -- Update -- Hearing talk of some disappointment with the revenue numbers (about $1 bln shy of estimates), particularly given the optimism and upgrades ahead of this report. 4:14PM Genesis Microchip (GNSS) 68.21 +3.81: -- Update -- Stock falls $64 in extended hours trading. 4:11PM IBM (IBM) 119.90 +2.65: -- Update -- Reports Q4 (Dec) earnings of $1.33, a penny better than the Multex consensus of $1.32; revenues were $22.8 bln, below the consensus of $23.7 bln; company says business conditions remain difficult. 4:11PM Genesis Microchip (GNSS) 68.21 +3.81: -- Update -- Posts Q3 net of $0.42 a share, $0.08 better than consensus. Rev rose 188% to $49.8 mln, well above $41.1 mln consensus. Sees modest sequential growth in MarQ rev to roughly $50 mln (consensus $41.2 mln). 11:50AM Semi Equipment Sector : Semiconductor equipment sector rolled over soon after the open, extending yesterday's losses caused by the Intel cut in capex guidance. This morning's weakness is being attributed to dismal results from Kulicke & Soffa (KLIC -9.6%) and reports that co's conference call also disappointed. We are hearing that Goldman Sachs is advising to avoid buying the dips, as firm continues to anticipate negative news during earnings season. 11:45AM Kulicke & Soffa (KLIC) 15.74 -1.75 (-10%): -- Update -- Technical -- An ugly day in the wake earnings report (see 06.56 comment) but stock has held near support at 15.60/15.20 (chart barrier/200 day simple ma/bottom of Nov gap). Ability to stabilize near here and the oversold condition created by the5 day 25% plunge allows for at least some upside corrective action. 10:13AM Sector Watch: Semiconductor : Solid start for the sector being undermined by weakness in chip equipment (NVLS -3.1%, AMAT -2.4%, KLAC -1.4%) with TER (-4%) the worst performer in the semi index (Merrill Lynch downgrade see 07:22 comment). Sector index (SOX) has recently taken out yesterday's low (failed at 50 day ma on opening run) with next support of interest in the 522/521 area. Strong floor not found until 506. 9:25AM Kulicke & Soffa (KLIC) 17.49: -- Update -- During their earnings conference call, the CEO would not give any guidance as to when they expect to break even, saying that it is dependent on biz mix, ASPs, cost reduction efforts, and toomany other variables. 9:21AM Sanmina-SCI (SANM) 17.99: As part of its effort to outsource PC manufacturing, Hewlett-Packard (HWP) announced that it intends to proceed with the sale of PC manufacturing facilities in Isle D'Abeau, France to SANM, subject to the execution of definitive agreements. finance.yahoo.com