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


To: The Ox who wrote (29007)3/2/2006 5:47:47 PM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 95761
 
Novellus Systems reaffirms Q1 sales, earnings targets

<<By Matt Andrejczak
Last Update: 4:47 PM ET Mar 2, 2006

SAN FRANCISCO (MarketWatch) -- In its midquarter update, Novellus Systems Inc. (NVLS) late Thursday reaffirmed its first-quarter sales and earnings per share targets. At the same time, the chip-equipment provider narrowed its orders forecast to a range of $400 million to $420 million, versus its prior forecast of $385 million to $420 million. Novellus Systems estimates first-quarter sales between $345 million to $355 million. It forecast earnings per share, including stock option expensing charges, in the range of 18 cents to 21 cents.>>