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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: 16yearcycle who wrote (14849)	1/19/1998 11:46:00 AM
From: Doug Langdon	Respond to of 70976

From Novellus news release: Richard Hill, president and chief executive officer said: "We were very pleased with the record bookings, backlog and revenue achieved by the company for 1997, and with the 5 percent and 12 percent sequential increases in net sales and net income over the prior quarter. We were able to achieve this growth despite the delay of shipments experienced by the company during the last two weeks of the fourth quarter. "The delays were related to the inability of Korean customers to open letters of credit required for the import of shipments into Korea."