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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (145670)	1/23/2002 5:16:08 PM
From: BSGrinder	Read Replies (2) \| Respond to of 436258

Earlie, do you follow these guys? Varian Semiconductor Equipment Association (VSEA): Revenue for the fiscal 2002 first quarter totaled $78 million, including $28 million of royalty and license revenue from Lam Research Corporation (Nasdaq: LRCX) discussed below. Net income was $5 million, or $0.15 per diluted share. Excluding the Lam royalty and license revenue, the Company's net loss was $12 million, or a $0.37 per share net loss. Revenue for the same period a year ago totaled $226 million, and net income was $41 million, or $1.21 per diluted share before the SAB 101 cumulative effect of accounting change. Halliday also provided forward guidance, noting that, ``We currently expect revenue for the second fiscal quarter of 2002 to range between $45 and $55 million, and shipments to range as well between $45 and $55 million.'' I can't help being fascinated as to how this will be spun into good news. They also appear to have some sort of ugly litigation going on. /BSG