That is what they claimed, but I think the whole sector was "ahead of itself", so that was used as an excuse for the whole sector. In edit and here went TASR at $78.90 for another $.85, completing the triple bucker with nice change. MAGS followed a little later at $23.82 for just $.46. That one is dead.
When I worked for Tencor before the merger, I remember that both orders and revenue tended to be up and down a lot from quarter to quarter due to the high dollar value of some of the machines. After the merger, it seemed like the combined management was much better at smoothing out the bumps.
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