phx.corporate-ir.net/phoenix.zhtml?c=90800&p=irol-newsA -
[Cached Version]
Published on: 12/30/2000
Last Visited: 12/16/2007
John Bertucci, Chairman, Chief Executive Officer and President, stated, "As expected, worldwide demand for technology products continued to decline in the fourth quarter, although our revenues were somewhat better than anticipated.
...
"In 2001 we strengthened our market position and doubled our market opportunity through the products we developed and the businesses we acquired," said Mr. Bertucci.
...
This acquisition is another step in our strategy to surround the process chamber with products that enhance our customers' productivity and integrated solutions that can add value for our customers and shareholders," said Mr. Bertucci.
"Looking ahead to the first quarter, the outlook for capital equipment spending remains uncertain.Therefore, we currently anticipate that first quarter revenues will be comparable to fourth quarter 2001 levels and range from $55 to $60 million, including two months of ENI revenue.Based on this revenue range, and the reduced levels of spending that we initiated in 2001, we estimate that the first quarter net cash loss could range from $(0.08) to $(0.12) per share," said Mr. Bertucci.