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

To: The Ox who wrote (19030)	5/22/2006 2:57:54 PM
From: Proud_Infidel	Respond to of 25522

Novellus CFO sees $375 mln 2nd qtr revs Mon May 22, 2006 2:36 PM ET SAN FRANCISCO, May 22 (Reuters) - Chip equipment maker Novellus Systems Inc. (NVLS.O: Quote, Profile, Research) Chief Financial Officer William Kurtz on Monday forecast second-quarter revenue at $375 million with gross margin at 48 percent as the company looks to outpace the rest of the market in part by focusing on growth in Asia. He also told a JPMorgan investment conference that the company would use extra cash to buy back stock, and said he believes the company has no exposure to a probe into the back-dating of stock options.