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

To: Proud_Infidel who wrote (8598)	1/26/2004 7:11:39 PM
From: Road Walker	Read Replies (1) \| Respond to of 25522

19:06 ET NVLS pulls Semiconductor stocks lower in after hours : The Nasdaq QQQs trade down 2% as Novellus (NVLS -7.5%) guidance weighs on the tech sector. On co's conference call, the semiconductor equipment maker issued Q1 guidance of $0.08, which is below the Reuters Research consensus of $0.11; co sees revenues for the qtr of $240-$250 mln (consensus $243.3 mln). The disappointing guidance is putting pressure on the usual suspects in after hours: AMAT -2%, KLAC -2%, TER -0.9%, INTC -0.56%.