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 : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (892)	1/15/2004 8:45:20 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 43435

ASML to be profitable in every quarter of 2004 Thursday January 15, 4:51 am ET VELDHOVEN, Netherlands, Jan 15 (Reuters) - Dutch chip equipment maker ASML (Amsterdam:ASML.AS - News) said on Thursday it would be profitable in every quarter of this year. "Given the prospects of a market recovery, yes, we will be profitable every quarter this year," CEO Doug Dunn told a news conference. Dunn, who will retire by the end of 2004, also said ASML's order backlog would rise sequentially in the first quarter and it would achieve a gross margin of 35 percent some time this year. "In dollar terms (the backlog in Q1) will not be lower than today, which is uncommon, because Q1 is usually a down quarter," he said.