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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (8573)	1/26/2004 8:03:44 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Wow! Novellus Names Dr. Sasson Somekh as President Monday January 26, 7:30 am ET SAN JOSE, Calif., Jan. 26 /PRNewswire-FirstCall/ -- Novellus Systems, Inc. (Nasdaq: NVLS - News), the productivity and innovation leader in advanced deposition, surface preparation and chemical mechanical planarization processes for the global semiconductor industry, today announced the appointment of Dr. Sasson (Sass) Somekh (57) as President. Dr. Somekh will join Richard S. Hill and Tom St. Dennis in Novellus' Office of the CEO. As President, Somekh will assume the primary role in driving new product development and the product line business units. ADVERTISEMENT Dr. Somekh has enjoyed a distinguished career in the semiconductor capital equipment business, transitioning from engineering and technology roles into executive management. Early in his career, he played a pivotal role in the development of products for the semiconductor industry that have changed the course of semiconductor manufacturing. Throughout that time, he has received industry recognition through numerous distinctive awards. In 1988, Dr. Somekh received the SEMI Award from the Semiconductor Equipment and Materials Institute (SEMI) for his work in establishing plasma etch as a production technology in semiconductor processing. In 1993, he was recognized as a co-inventor of the Precision 5000 when it became the first semiconductor manufacturing system to be placed in the permanent collection of the Smithsonian Institution. It is on display in the Information Age exhibit at the National Museum of American History in Washington, D.C. In 1994, Dr. Somekh received the SEMI's Lifetime Achievement Award in recognition of his many contributions to the industry. Dr. Somekh spent 23 years at Applied Materials, most recently as Executive Vice President. He is widely respected for his accomplishments, which were critical to Applied Materials' success. Prior to joining Applied, he worked at Bell Laboratories and Intel Corporation. Dr. Somekh received his doctorate in electrical engineering from the California Institute of Technology. He holds more than 50 U.S. patents. Commenting on Dr. Somekh's appointment, Novellus' chairman and chief executive officer, Richard S. Hill, stated, "I have strong admiration and respect for Sass, and I am delighted that he has chosen to join Novellus. He has the knowledge, skills and ability to lead Novellus to the next level. His strong drive and vision have always been recognized by Novellus, and we feel that he will complement the already strong and driven Novellus management team." About Novellus: Novellus Systems, Inc., an S&P 500 company, manufactures, markets and services advanced deposition, surface preparation and chemical mechanical planarization equipment for today's advanced integrated circuits. Our products are designed for high-volume production of advanced, leading-edge semiconductor devices at the lowest possible cost. Headquartered in San Jose, Calif., with subsidiaries throughout the United States, as well as in the United Kingdom, France, Germany, the Netherlands, Ireland, Israel, India, China, Japan, Korea, Malaysia, Singapore and Taiwan, we are a publicly traded company on the Nasdaq stock exchange and a component of the Nasdaq-100 Index®. Additional information about Novellus is available on our home page at www.novellus.com -------------------------------------------------------------------------------- Source: Novellus Systems, Inc.

To: Cary Salsberg who wrote (8573)	1/26/2004 10:46:34 AM
From: robert b furman	Read Replies (1) \| Respond to of 25522

Hi Cary, I'm in Florida viiting an old friend (who's recovering from Cancer surgery). No big salesprediction yet - butI would like to bring attention to an article in IBD's Monday paper -page A11. This article discusses test instruments in both machine vision and chip testing The author predicts chip testhandling to grow from 03's revenue of 2.4 billion to 04's predicted 3.5 billion. He futher states Ter orer growth was above expectations for both November and December.Most expect order growth to be gradually better through all of 04.That would be great but greed always shows up if past cycles are indicative. Next and best he also states "Amog chip builders,analysts state "demand has been high for wirebonding ( klic he does't name the company) and "pick and place machines used in IC making" (once again he doesn't state Cohu - but Cohu is sure enough the inventor/dominant maker of pick and place - last I saw was 95% of domestic makers. I hope this gives us a preview of Cohu's webcast this wednesday - my bet is it will be strong. I also hope that the growth will be gradual through out this next year. That way we can project annualized earnings of 1.75 and 2.00 per year.Histrically - that gets us a two for one stock split.Then the fast run up - which will be the clue to distribute our favite investment. JMHO Hoping for a good webcast! Bob