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: Softechie who wrote (4256)	7/23/2002 11:45:27 PM
From: Return to Sender	Respond to of 95378

From Briefing.com: 7:19PM Linear Tech matches Q4 EPS estimates (LLTC) 28.09 -1.18: Reports Q4 (Jun) earnings of $0.17 per share, in line with the Multex consensus of $0.17; revenues fell 29.6% year/year to $140.8 mln vs the $142.2 mln consensus. 6:14PM Synopsys to acquire inSilicon (SNPS) 41.82 -2.10: Synopsys announces agreement to acquire all outstanding shares of inSilicon (INSN 2.40 -0.05) for approximately $64 mln; acquisition to be effected by cash tender offer for all outstanding shares of INSN at cash purchase price of $4.05 per share; Phoenix Technologies (PTEC), which owns about 69% of outstanding INSN shares, has agreed to tender those shares to Synopsys. 4:56PM Centillium tops consensus (CTLM) 5.57 -0.09: Posts a Q2 loss of $0.09 a share, $0.16 better than the Multex consensus, vs a yr-ago profit of $0.11. Revs rose 52.2% sequentially to $34.4 mln (consensus $25.27 mln). 4:46PM Oak Tech misses estimates (OAKT) 4.08 -0.16: Reports Q4 (Jun) loss of $0.12 per share, $0.05 worse than the Multex consensus of ($0.07); revenues fell 5.1% year/year to $34.9 mln vs the $34.9 mln consensus; expects revenue in the first fiscal quarter of 2003 to decrease by "up to 10 percent compared with the fourth quarter" -- consensus is $36.2 million. 4:42PM Applied Micro matches estimates (AMCC) 4.09 -0.62: Reports Q1 (Jun) loss of $0.05 per share, in line with the Multex consensus of ($0.05); revenues fell 26.8% year/year to $30.2 mln vs the $29.7 mln consensus. 4:40PM Storage Tech beats by a penny (STK) 13.56 -0.44: Reports Q2 (Jun) earnings of $0.18 per share, $0.01 better than the Multex consensus of $0.17; revenues fell 3.9% year/year to $491.9 mln vs the $509.0 mln consensus. 4:39PM Corning beats by 2 cents, gives guidance below consensus (GLW) 3.17 -0.11: -- Update -- Reports Q2 pro forma loss of $0.07, $0.02 better than the Multex consensus; revs were $896 mln, vs consensus of $899.4 mln. Co expects Q3 loss of $0.07-$0.10 and revs of $825-$875 mln, vs consensus of a loss of $0.07 and $915.6 mln. 4:36PM Varian Semi misses by a penny (VSEA) 28.02 -2.87: Reports Q3 net of $0.07 a share, $0.01 worse than the Multex consensus, vs a yr-ago loss of $0.24. Revs declined 35% to $95 mln (consensus $92.1 mln). For Q4, co sees revs of $90-$110 mln (consensus $99.67 mln); says Q4 gross margins may be down slightly from Q3. 4:34PM Newport beats by two cents; updates guidance (NEWP) 14.38 -0.37: Reports Q2 (Jun) loss of $0.03 per share, $0.02 better than the Multex consensus of ($0.05); revenues fell 53.1% year/year to $44.0 mln vs the $40.8 mln consensus; expects net sales in the third quarter of 2002 to be in the range of $48 million to $51 million vs the current consensus estimate of $44.0 million. 4:26PM Silicon Image matches estimates (SIMG) 5.77 -0.81: Reports Q2 (Jun) loss of $0.04 per share, in line with the Multex consensus of ($0.04); revenues rose 60.6% year/year to $19.3 mln vs the $19.0 mln consensus. 4:19PM Fairchild Semi beats by three cents (FCS) 19.96 -0.82: Reports Q2 (Jun) earnings of $0.07 per share, $0.03 better than the Multex consensus of $0.04; Q2 sales were $360.5 million vs the consensus estimate of $353.3 million; sees third quarter revenues 'flat to slightly up from the second quarter' -- consensus is $363.1 million. 4:11PM Flextronics matches estimates (FLEX) 7.12 -0.77: Reports Q1 (Jun) earnings of $0.06 per share, in line with the Multex consensus of $0.06. 4:06PM Adv Fibre Comm beats by $0.02 (AFCI) 16.08 -0.77: Posts Q2 pro forma net of $0.04 a share, $0.02 better than the Multex consensus. Revs rose 10% to $86.286 mln (consensus $84.87 mln). 4:04PM Lam Research beats by a penny (LRCX) 13.95 -1.45: Reports Q4 (Jun) loss of $0.06 per share, $0.01 better than the Multex consensus of ($0.07); revenues fell 50.7% year/year to $180.3 mln vs the $173.8 mln consensus; cash, short-term investments, and restricted cash totaled $945.2 million at the end of June 2002, an increase of $43.6 million over the prior quarter. STMicroelectronics (STM) 22.50 -0.75: After close, reports Q2 (Jun) earnings of $0.12 per share, in line with the Multex consensus of $0.12; revenues fell 3.5% year/year to $1.53 bln vs the $1.49 bln consensus. Texas Instruments (TXN) 23.48 +0.09: Shares hold steady on co's in line Q2 report and guidance ($0.10 for Q3) and analysts neutral opinions; firms remain upbeat on co's long-term outlook (pending an IT spending recovery) but cautious on valuation. Morgan Stanley notes TXN's book/bill was greater than 1.0 and orders grew 19% q/q and maintains their Overweight rating. SG Cowen is encouraged by co's "blow-out" qtr but remains concerned that a lack of compelling 2.5G data services could result in carriers reducing prices, creating an inventory issue in H2. Lehman Brothers is more cautious and maintains their Mkt Perform rating on the strength of demand in H2. Novellus (NVLS) 26.75 -2.80: Stocks slips 9.5% on disappointing Q3 guidance last night (to $250 mln and $0.10 vs consensus of $258.4 mln and $0.14); analysts express frustration that chip maker's H1 order acceleration reversed its course in Q3. CSFB believes poor end mkt growth will mute order rates and limit stock appreciation. Deutsche Securities believes Street 2002/2003 ests are still "too high" (firm 2003 est is 50% lower than consensus) and expects near-term presure to persist as further reductions to Street ests, cost cutting, and high valuation keep pressure on stock... In a more optimistic take, Bank of America calls a bottom for shares, noting NVLS currently trades at 2.3x book with the trough in 1998 at 1.9x book; anticipates more positive news in the upcoming qtrs to create a rally. finance.yahoo.com RtS

Copyright/IP Policy

Advertise on SI

© 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News