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 : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (1701)	7/22/2002 7:38:52 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 25522

5:18PM Novellus (NVLS) 29.55 -0.24: -- Update -- On call, company sees bookings down slightly for Q3 to $250 mln and shipments of $260 mln... ASPs are holding steady... Over the last two weeks, company has seen two push-outs (not in copper though)... stock at 28.05. 5:16PM Novellus guides down for Q3 (NVLS) 29.55 -0.24: -- Update -- On call, company now sees Q3 revenue and EPS of $250 mln and $0.10 (excluding charges) vs Multex consensus of $258.4 mln and $0.14... stock at 27.90. 4:54PM Novellus (NVLS) 29.55 -0.24: -- Update -- On its conference call, company says orders were $241.4 mln, up 64% sequentially... Bookings were $276 mln, as forecasted... "Overall a good quarter, but more room to go"... general trend over last few weeks has been slowing due to customer's liquidity concerns. Lower equity prices make capital more difficult to raise... Copper keeps being invested in... The last "few weeks" comment has sent the stock down a bit more... stock now at 27.81.