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

To: Donald Wennerstrom who wrote (1805)	1/30/2002 1:30:39 PM
From: Return to Sender	Respond to of 95622

From Briefing.com: 12:27AM Applied Materials says spending should accelerate in 2H02 (AMAT) 41.69 +0.38 (+0.9%): -- Update -- During their presentation to the BofA Technology 2002 conference, the CFO says that capital spending will lag the semi mkt recovery, but spending growth should accelerate in 2H02 (noted that wafer fab revs should grow 53% in 2H02 over 1H02). While this news may not be new, it adds to the growing chorus within the semi industry saying that the cycle bottomed around September 2001. 11:03AM SOX Intraday Technicals : -- Technical -- Despite solid sell pressure on the Nasdaq, semiconductors are higher as a group with the SOX posting an intraday gain of 0.3%. Currently trading at 534, look for important resistance at 542 which approximates its 20-day exponential moving average and its 50-day simple moving average. To the downside, the index has notable support at chart congestion in the area of 520. Notable gainers include INTC +1.1%, AMAT +1.5%, NVLS +1.7%, KLAC +2.2%. 10:58AM Sector Watch: semis, retail, banks, drugs show strength : Semiconductor equipment is one of the few strong sectors in tech. Positive action in names such as KLAC (+2%), NVLS (+1.6%), AMAT (+1%) is supporting the SOX (+0.4%). Other sectors finding interest include Retail (+1%), Banks (+0.9%), Drugs (+0.5%)... Individual tech stocks demonstrating relative strength include MSCC (+5%), QCOM (+1.8%), NVDA (-0.1%), ADCT (+3.8%), ESST (+2.5%), NEWP (+2.3%) 10:37AM Nasdaq Composite Intraday Technicals : -- Technical -- The Nasdaq has broken below support at 1879 and is tagging its lowest intraday levels in over two months. At current levels, the index is testing support in the area of 1868/1870 which approximates the lower end of its 10 and 20-day Bollinger bands. On a clean break lower, look for subsequent support at 1855. To the upside, look for initial resistance at 1879 followed by additional overhead in the range of 1888/1892. Like this a lot Don Don<ggg> Coverage has been initiated by Thomas Weisel on AMAT. 9:52am 01/30/02 - Applied Materials started at 'buy' at Thomas Weisel - CBS MarketWatch.com Same news also listed at Briefing.com. Target price also listed there as $75 per share. Coverage was also initiated by Thomas Weisel at various levels for KLAC(strong buy), LRCX(attractive), TER(mkt perform), NVLS(buy) and PLAB(buy). finance.yahoo.com^SOXX+QQQ&d=c&k=c3&a=r14&p=b,v&t=3m&l=on&z=m&q=c Thanks, RtS

To: Donald Wennerstrom who wrote (1805)	1/30/2002 3:31:59 PM
From: The Ox	Read Replies (1) \| Respond to of 95622

ATMI Reports Fourth Quarter and 2001 Financial Results; Revenues Down 29% in Difficult Year for Semiconductor Industry PR NEWSWIRE - January 30, 2002 07:30 DANBURY, Conn., Jan 30, 2002 /PRNewswire-FirstCall via COMTEX/ -- ATMI, Inc. (Nasdaq: ATMI), a supplier of materials and services to the world's leading semiconductor manufacturers, today announced quarterly revenues of $41.4 million for the fourth quarter of 2001, and annual revenues of $213.5 million for 2001. Revenues for the fourth quarter declined 52% from $86.8 million last year, but grew about 4% sequentially from $39.7 million in the third quarter. The net loss for the quarter was $4.6 million, or $0.15 per share. This contrasts with net income of $10.6 million, or $0.35 per share, for the fourth quarter of 2000. For the year, revenues declined 29%, from $300.0 million in 2000. The net loss of $9.7 million, or $0.33 per share, contrasts with last year's net income of $43.7 million, or $1.44 per share. Excluding special items in each year, the net loss for 2001 was $2.9 million, or $0.10 per share, compared with net income of $40.0 million, or $1.32 per share. Doug Neugold, ATMI President, said, "The semiconductor industry's worst-in-its-lifetime downturn, dissipated consumer demand, and the national recession all combined to create a difficult economic scenario for ATMI in 2001. While there is some indication of better times ahead, we are continuing to perform on the strategies that will assure the Company's long-term growth. This includes strong spending on research and development that we believe will drive new materials product revenues in a period of significant semiconductor process changes." Dan Sharkey, CFO, said, "During the fourth quarter, our Materials business was up 4% sequentially to $22.7 million from $21.8 million in the third quarter. Our Technologies product line revenue increased 4.5% sequentially to $18.7 million in the fourth quarter from $17.9 million in the third quarter. During this difficult year, we have removed nearly $30 million of annualized expenses and enhanced our balance sheet so that we are poised to take full advantage of the nascent industry upturn." Commenting on recent business activity and the prospects for 2002, Gene Banucci, CEO, said, "ATMI experienced a pick-up in business at the end of the fourth quarter and we appear to be on course for a marginally improved first quarter. In large part, this is being driven by an increase in wafer starts in Taiwan and the U.S. that is selectively encouraging. It certainly appears that our customers have depleted inventories to the point where they need to use more capacity. However, this is no V-shaped recovery so far, since caution is the word of the day among our customers. Therefore, we are standing by our expectations of a slow first half, with a more robust pick-up in the second half of 2002."