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Technology Stocks : Novellus -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (1568)7/24/1998 10:01:00 PM
From: Randy McWilliams  Read Replies (1) | Respond to of 3813
 
briefing.com posted this morning:

Novellus Systems Inc. (NVLS) 36 11/16 -11/16: Adams Harkness lowers estimates on semiconductor equipment maker as Q2 earnings were lower than expected; company also expects a further 25% sequential decline in revenues and will implement a 15% workforce reduction to cut costs; maintains "market perform" but lowers FY98 EPS from $2.12 to $1.42 a share and FY99 from $2.70 to $0.90 a share.....