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

To: Return to Sender who wrote (11307)	8/28/2003 5:01:08 PM
From: BWAC	Read Replies (1) \| Respond to of 95657

But do you see the flying FU formation from NVLS?

To: Return to Sender who wrote (11307)	8/28/2003 5:04:00 PM
From: TI2, TechInvestorToo	Read Replies (2) \| Respond to of 95657

Novellus backs order, EPS target, sees more charges Thursday August 28, 4:45 pm ET SAN FRANCISCO, Aug 28 (Reuters) - Novellus Systems Inc. (NasdaqNM:NVLS - News), a maker of equipment used to build microchips, stood by its earlier forecasts for break-even earnings per share before charges and orders of $220 million in the third quarter. Novellus, in a mid-quarter conference call, also said it expected to take a $70 million restructuring charge in the third quarter primarily for a write-down of inventory. The charge comes in addition to a $63 million charge to be taken related to the winding down of an off-balance-sheet lease.