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: Ian@SI who wrote (2750)	8/29/2002 9:23:54 PM
From: BWAC	Respond to of 25522

<relating to the Convertible issue being put to them. > The whole thing? SO the convertible and its resultant cash will now be gone. I say good riddance to both. Never understood why NVLS entered into that convertible in the first place. They had sufficient cash before. Maybe some of the short selling pressure will now be lifted.

To: Ian@SI who wrote (2750)	8/30/2002 8:22:30 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

ASML is sticking to its forecast of 100 machines for the 2H02, up from 78 in 1H02. This is significant IMHO in no small measure since each machine costs several million dollars. Dutch ASML Stands By 2nd Half Outlook Despite Peer Warnings Friday August 30, 4:14 am ET AMSTERDAM -(Dow Jones)- Dutch lithography machine maker ASML NV said Friday that it is on track to meet its outlook for the second half of the year, despite hefty profit warnings from sector peers. "We are still targeting to ship 100 of our machines in the second half," spokeswoman Beth Kitchener said, adding that the company will still probably break even in the second half. ASML makes machines used to produce microprocessors. While issuing its first- half results in July, the company said it expected demand in its market to pick up in the second half, after a severe slump that had made the entire industry suffer. However, with peer Nikon Corp. of Japan issuing a warning Thursday on its second-half results, and Novellus Systems Inc. (NasdaqNM:NVLS - News) of the U.S. doing the same overnight, substantial doubt has been cast over the company's statements. At 0751 GMT Friday on the Euronext Amsterdam bourse, ASML shares were down EUR0.13, or 1.2%, at EUR10.64. Overall trading was positive, with the benchmark AEX index up 0.8%. ASML posted a first-half net loss of EUR98.1 million, widening from a loss of EUR96.1 million a year earlier. .