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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (7066)	10/15/2002 4:11:32 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

16:10 ET NVLS Novellus beats by 2 cents (26.13 2.68) Reports Q3 (Sep) earnings of $0.11 per share, $0.02 better than the Multex consensus of $0.09; revenues fell 24.1% year/year to $230.5 mln vs the $229.0 mln consensus. "The weak macroeconomic conditions and anemic demand have had a negative impact on our business in the second half of the year. Despite the economic malaise and resulting slowdown in demand from our customers, we remain committed to profitability and more importantly, generating cash from operations."