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

To: Math Junkie who wrote (2142)	4/12/1999 4:18:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3813

Whaaaaaack! - Oh well, tomorrow is another day. Sell off seems overdone. INTC will likely dictate the short term direction from here. sf

To: Math Junkie who wrote (2142)	4/12/1999 4:18:00 PM
From: Henry Eichorszt	Respond to of 3813

4/12/99. NOVELLUS POSTS $0.25 1Q EPS... BT ALEX BROWN MAINTAINS STRONG BUY... Analyst Erika Klauer says 1Q as expected... Says outlook positive... Looks for double digit sequential revenue growth, expects EPS, bookings to increase as result of strong performance in Korea, Taiwan... Sees higher R&D costs due to expenditure for 300mm programs... Raises $1.43 '99 EPS estimate to $1.50, $496M revenue to $524M to reflect improved revenue outlook... s $660M '00 revenue est. to $685M, maintains $3.00 '00 EPS est./S.Trombino -0- NVLS $ (1048) 04-12-99 03:28 PM EST