text:
News: New kernel
Show feedback again
Latest News
mail subsystem upgraded posted by beuc, Sat 23 May 2015 06:17:18 PM UTC - 0 replies
dl/home/cvs/svn/www.gna.org upgraded to debian8 posted by beuc, Thu 21 May 2015 10:12:23 PM UTC - 0 replies
Gna.org SSL certificate renewed posted by zerodeux, Thu 24 Apr 2014 07:13:06 AM UTC - 2 replies
Heartbleed status and measures posted by beuc, Wed 09 Apr 2014 09:47:29 AM UTC - 0 replies
mail subsystem automatically reinstalled posted by beuc, Sat 08 Mar 2014 11:02:17 PM UTC - 0 replies
[124 news in archive]
[124 news in archive]
New kernel & clean-up
Item posted by Beuc <beuc> on Thu 01 Jul 2010 08:55:01 PM UTC.
We've done a few reboots to use a newer kernel, install newer VServer utilities, test that everything boots unattended, and hence add the last touch to the virtualization reorganization we've performed over the last few months :)
On other news, there will be a talk about Savane at the LSM/RMLL 2010 - http://2010.rmll.info/A-new-Savane.html !
No messages in New kernel & clean-up
Start a New Thread:
Show feedback again


text:
The work week may have begun, but that doesn't mean your Monday-Thursday life has to be dull.
Here are five events worth checking out this Aug. 18-21:
Top Pick: Perry County Community Fair
Whether you want to pet a sheep, see a antique tractor parade, stuff your face with whoopee pies, cheer on a martial arts group or listen to a stellar country concert - there's something for you at the Perry County Community Fair.
DETAILS: Beginning at 4 p.m. Aug. 19-23 at Perry County Fairgrounds, 248 Fairground Road, Newport. Free; $5 parking. www.pecofair.org.
Monday: Hear classical music transformed
Old Wood New Sounds is a concert series that strives to bring classical music to the masses by performing new works in a casual atmosphere. Classical guitarist Paul Morton performs this go round.
DETAILS: 8 p.m. Aug. 18 at Tellus360, 24 E. King St., Lancaster. Cost: $25 (includes live concert recording). tellus360.com.
Tuesday: Do karaoke and play boardgames
Harrisburg Midtown Arts Center's Stage on Herr is the place to be on Tuesday nights. Grab a drink, dabble in karaoke and best your friends in a game of Sorry!
DETAILS: 9 p.m. Aug. 19 at Stage on Herr at Harrisburg Midtown Arts Center, 268 Herr St., Harrisburg. Cost: Free.
Wednesday: Learn the Rumba
Ever wanted to learn the saucy Cuban dance? Now is your chance. The folks at PA Dance Sport are hosting a group introductory lesson. After the lesson there's a dance, so you'll have a chance to practice you newly-learned moves.
DETAILS: 8 p.m. Aug. 20 at PA Dance Sport, 585 E. Main St., Hummelstown. Cost: $11. padancesport.com; 717-583-0751.
Thursday: Play Trivia
Assemble a team and showcase your smarts by playing trivia at the Center Street Grill.
DETAILS: 8 p.m. Aug. 21 at the Center Street Grill, 4 Center St., Enola. Cost: Free. cnptrivia.com.

subset: commoncrawl


text:
Officials said when a large fight and gunfire erupted outside former Jersey City Board of Education member Terry Dehere's restaurant Saturday the former NBA player was uncooperative and police were about to break down the door when he finally came out, The Jersey Journal reports.
Yesterday, Dehere said the incident had nothing to do with the bar, which was already closed for the night and that's why the doors were locked.
At 2:15 a.m. officers responded to Sanai's Restaurant & Lounge, at Summit and Sip avenues, on a report of a large street fight and shots being fired, reports said.
Full story from The Jersey Journal:
Restaurant owner Dehere, victim uncooperative after shooting outside Jersey City restaurant


text:
HOLLAND -- As March's record-breaking temperatures continue, could Tulip Time turn into the dreaded word that no one at the venerable festival wants to hear?
A stem-fest?
Maybe, at least in sunny spots where heat is reflected off pavement, says tulip tender Jim Veldheer of Veldheer Tulip Gardens.
"Plants up against houses and black-top parking lots are probably going to be early," said Veldheer.
"'Temperatures in the 70s would not be too bad on the plants. It's not the 50s I would prefer, but it's a whole lot better than 80s," he said late last week.
Unfortunately, this week has brought exactly the kind of summer-like temperatures that Veldheer hoped would stay away. And it comes on the first day of spring.
In downtown Holland locations, many tulips already are a few inches out of the soil with 45 days to go before the festival's start.
A decade ago, Tulip Time leaders moved up the festival's start to earlier in May. But with this year's record-breaking weather, a one-week shift likely won't help much.
"This year, it's just so crazy," said Susan Zalnis, marketing director for Tulip Time. "You can't really compare it to anything."
Zalnis, who's quick to say she is not a tulip expert, said the city plants many varieties of tulips that bloom at different times.
"I guess our hope is that some of the late-blooming varieties will be in good shape," she said.
While the city's tulips are a huge festival draw, she said visitors also come to Holland to see displays of Dutch culture and the myriad shows.
Veldheer, vice president of Veldheer Tulip Gardens, said tulips in shady spots such as Kollen Park will fare better than those in full sunlight and heat.
At the Veldheer farm, which boasts a planting of more than 5 million tulips, there are about 100 varieties of "extremely late" tulips planted, he said.
"Even under the worst-case scenario, we'll still have good color here for the visitor," Veldheer said.
He said that, with the warm temperatures, stems are likely going to be shorter in most cases. Veldheer advises home growers of tulips to give their flowers a dose of liquid fertilizer once every 10 days in these above-average temperatures to "lower the stress" on the plants.
The tulip bulb holds the food, he said, and the warm weather pushes the flower to develop so fast it soaks up nutrients quickly. The fertilizer helps maintain the bulb, he said.
Veldheer said that with temperatures so high, deterring growth is difficult.
"They are going to be advanced. There is no way around it," he said.
E-mail John Tunison: firstname.lastname@example.com and follow him on Twitter at twitter.com/johntunison


text:
The Theater Company will bring a bit of the Great White Way to Hoboken this week.
On Saturday, the company will kick off their new season with "On Broadway" - two cabaret performances featuring Broadway hits like "Electricity" from "Billy Elliot," "Steal Your Rock 'n' Roll," from "Memphis," and "I'd Give it All For You" from "Songs For A New World."
"We're celebrating the magic of Broadway while we present our patrons with what we have planned for the season we are about to embark upon," said Producing Artistic Director David Zimmerman.
Zimmerman will take to the piano and accompany past TTC performers like Jennifer Connor, Heather Drew, Mariela Fernandez, Clarence Ilanan, Michael Livingston, Alexandra Finger, Liza Poor, Mariah Sade Ralph, Howard Richman, Steven Slatten, Adena Weisholtz and Branan Whitehead.
The performances will take place at the Monroe Center for the Arts, 720 Monroe St., on Saturday at 8 p.m. and 10 p.m.
The shows are free, but guests are asked to make a suggested donation of $20 to fund their upcoming season of programming. Space is limited and guests are encouraged to order their tickets in advance. For more information, visit The Theater Company's website or the event page for
"On Broadway."


text:
MORRISTOWN — Michael Conway, one of three high school students linked by prosecutors to the suicide earlier this year of a Morris Township teenager who had allegedly been bullied, is scheduled to have his first court appearance at 4 p.m. today in Morristown Municipal Court.
The judge will likely decide whether to send Conway's case to the Morris County prosecutor, because it involves the indictable offense of false swearing, according to court officials.
Conway, 19, a senior at Morristown High School, is accused of lying to police about an incident in a Morristown parking garage when the teeange victim was allegedly robbed by two other students. The two others, juveniles who have not been named, face more serious charges including conspiracy to commit robbery.
Lennon Baldwin, a 15-year-old freshman at Morristown High, was found dead in his home on March 28 after allegedly being assaulted, threatened and then robbed in the garage between March 6 and 9.
Related coverage:
• Man charged in attack of Morristown youth is 'stupid teenager,' not bully, father says
• Morris school district vows to investigate possible bullying of student who committed suicide
• Three teens charged in attacks of N.J. youth who later committed suicide
• Morristown teen's apparent suicide being investigated as possible bullying case, officials say
• Close-knit bowlers mourn 15-year-old teammate who died in an apparent suicide
• Death of Morristown High School student under investigation


text:
Word has it that Silda Spitzer is lying low with their three daughters in their 5th Avenue apartment in Manhattan; like maybe on the closet floor with scissors in her hand and Eliot's suits and ties cut into ribbons beside her. (By the way, why is the cutting of clothing so primitively satisfying to wronged […]
Entries from March 2008
Another Reason Why I'm Glad I'm Not Silda Spitzer
March 18th, 2008 · Comments Off
There's No Crying In Baseball — Or The Race To Be President
March 12th, 2008 · Comments Off
Well, she did it. She introduced tears into the race for the Democratic nomination. They pooled there in her baby blues and even though not a drop escaped her orbs, her voice faltered and she looked so vulnerable and, well, in need of a hug, that all the news shows announced that Hillary Clinton cried […]


text:
Christian 'gay cure' therapist loses appeal
Post your comment
Comments on this article are now closed.
Reader comments
A vote for reason above superstition.
Its all nonsense of course, look at our pal Keith. Even Exodus members see its failure.
And the proof? Well, in 1979, two of Exodus International's co-founders, Michael Bussee and Gary Cooper, quit the group and held a life commitment ceremony together. On June 27, 2007 Bussee, along with fellow former Exodus leaders Jeremy Marks and Darlene Bogle, each came out as gay or lesbian and issued a public apology for their roles in Exodus.
Or Anthony Venn-Brown, who is a former Australian evangelist in the Assemblies of God and in Australia's first ex-gay program. In 2007 he co-ordinated the release of a statement from five Australian ex-gay leaders who publicly apologized for their past actions.
And Peterson Toscano, an actor who was involved in the ex-gay movement for 17 years, now with Christine Bakke co-runs Beyond Ex-Gay, a support website for people coming out of ex-gay experiences.
Thank you. I know Peterson Toscano quite well and he is an inspiration.
Hardly a vote for reason. Just a vote for "a reason." It was the "reason" they wanted and they got it. I would not call that justice…only apparently legal there. Justice and legal are not always synonymous.
Preventing harm is always justice.
These actions ensure Pilkington is unable to cause harm using her illegitimate and damaging "therapy"
"Hardly a vote for reason."
Please don't flaunt your ignorance in front of those who know better, you make yourself look like a fool. If you want to support harmful delusional therapies based on voodoo, then I suggest you go back to school – it clearly was a failure the first time.
The British Association for Counselling and Psychotherapy is a professional governing body that sets the ethical standards to be observed by its registrants. Legality is not an issue here Zorek. However, justice was definitely an issue. The BACP addressed the fact that a member had violated the ethical standards of their profession, and they took them to task for that.
Zorek is just being belligerent, and a bore.
more regulation, wonderful.
More reason. Wonderful.
"Christians will think twice about using traditional biblical Christian counselling methods. It will definitely close people down, it will definitely engender a climate of fear."
I bloody well hope so! It's about time the religious freaks felt fear.
And just where in their bl@@dy bible does it mention Ex-Gay Therapy.
These fraudsters make it up as they go along all in line with their own prejudices.
the bit that says that homos should be stoned to death… behavioural modification through negative reinforcement!
Thank goodness the right decision was made.
This paragraph is unbelievable: Andrea Williams, CEO of Christian Concern and director of the Christian Legal Centre, which supported Mrs Pilkington said a "truly tolerant society would allow for this therapy to continue not to treat it with suspicion and those who practise it with suspicion".
What planet is Andrea Williams on? It has been proven time and again that this so called therapy is not productive, nor is it required and from what I have read, it certainly does more harm than it should.
Yes! The BMA themselves deemed it harmful! They voted on it. She doesn't have the qualifications, experience nor knowledge to challenge that.
William's argument is a logical fallacy, probably a Straw Man or Appeal to Ignorance.
It troubles me greatly that Premier Christian Radio are hosting a show in London this week which relies on Appeal to Authority. Their discussion (not on gay issues) advertises four Christian scientists; among them an Emeritus Professor.
How many people will realise these guys are taking way outside of their fields and moreover, than an Emeritus Professor is just a fancy name for a retired teacher!
well she cant let those irritating little things like facts get in the way now can she? :P
A 'truly tolerant society' which tolerated the peddling of this destructive quackery wouldn't be tolerant. It would be grossly irresponsible.
Andrea Williams… playing the same old squeaky violin that Christians are persecuted while ignoring the fact that her ilk are so eager to persecute others. For a lawyer she doesn't seem to have a very logical mind.
"Ms Pilkington said counsellors who held views like hers were at risk of being shut down. She said: "They simply won't operate in this area at all, they won't offer the possibility of change."
Hope they don't let the door hit them on the arse on the way out.
Actually, I rather like the idea of that.
Pilkington claims "Christians will think twice about using traditional biblical Christian counselling methods. It will definitely close people down, it will definitely engender a climate of fear."
If such methods were ethical, they would have nothing to fear. Only if they are being UNethical, should they have any fears about being shut down. If "biblical Christian counselling methods" are unethical, then what does that say about their belief system?
The concept of "biblical" counselling methods is nonsense in and of itself.
Consider that the people of the bible were so intellectually backward and undeveloped that they could not understand why the sun rose. The belief that they have anything useful or cogent to say about a complex subject like human sexuality is a nonsense.
You could ask them – Do they wish "biblical medical methods" to be used on them for an injury or ailment and they would be outraged that you suggested such a silly thing. And yet the hypocrisy of trying to apply psychiatric care based on the same primitive beliefs doesn't even register to them.
I suppose there may be an analogy to Christian Scientists who refuse medical treatment for their children. Currently they get prosecuted. What is the Christian Institute's position on their religious freedom I wonder…
Well done, BACP and thank you! Another nail in the coffin of the hate mongers.
She was disciplined for being a really bad therapist, not for her religion. If she and her supporters interpret that as she is bad because of her religion, that is down to them.
No doubt another victim story for Christian Fear to get funds from America.
"Christians will think twice about using traditional biblical Christian counselling methods"
Traditional Christian counselling methods?
1) Attempt to cure gay person and charge them for the privilege
2) Stone them to death when it fails
Yes, she's just another crackpot, religious wingnut grabbing at anything to play God…
Great to see that honesty, integrity and common sense won.
So called reparative therapies are dangerous and discredited.
No reasonable or professional clinician or psychotherapist breaches the first rule of patient/client engagement – do no harm.
No reasonable or professional clinician or psychotherapist bases their therapy or treatment on anything other than sound evidence. Eminence or belief based therapy is wholly and utterly wrong.
This is a strong victory in favour of both evidence based practice and ethics and against therapies which are discredited and proven to be harmful.
Thank You Patrick Strudwick for your intelligent covert expose of immorality by Pilkington.
Its such a shame she exists at all. I mean even their God had the good grace not to do that! I read an Article about Margaret Court tonight the Australian tennis player/preacher…is this fanaticism in elderly women a form of dementia ? If a God was truly on their side why do they always loose? It's very very sad for them to be so useless, why don't they focus on the fur trade or famine or something that might benefit from all this energy they seem to have! The swansong of Religion is not pretty! We evolve and they scream louder as it dies!
are you being sexist and ageist? for shame!
what is eminence-based therapy supposed to be Stu?
Hi SkepChik
If I give an example from clinical practice hopefully you will see how it correlates to the issue of reparitive therapy.
I am a paramedic. One of the skills I have in terms of airway management is endotracheal intubation – which I am trained in by consultant anaesthetists. It is the gold standard in airway management. It is also a skill that some paramedics do not get the opportunity to use as frequently as some would like to maintain skills at optimum level. However, in some scenarios eg flash burns it is the only form of airways management that paramedics have that would save a patient. It is also a better method than alternatives. It was proposed to remove endoctracheal intubation from paramedics a few years ago due to lack of use by some paramedics (it is impossible to plan the clinical work load of an emergency paramedic!). The Royal College of Anaesthetists felt they should exercise their eminence (their leadership) in this matter. Paramedics pointed out
that whilst anaesthetists were experts in intubation – they were not experts in the environment in which paramedics work. They tend to intubate in a clinical environment with bright lights and the patient on a waist height operating table, whereas a paramedic may do so in the dark, upside down in a ditch, in the midst of mangled wreckage of a car. We pointed out the evidence cited by anaesthetists was based on operating theatre statistics of junior doctors in training and was not related to either paramedic skills or the environment we work in. We refused to accept the advice without evidence from our own skill levels or the environment we work in. We acknowledged the eminence and knowledge base of the learned Royal College but voiced concern that our responsibility as professionals was to act on evidence based reasoning relevant to our practice to provide the best possible care for our patients. We retain endotracheal intubation airway management.
So the correlation with this
case is that psychotherapists should not accept the word of one or two eminent (or religious) leaders in their profession. They should act on the balance of evidence. The balance of scientific evidence is that reparative therapy is dangerous and does not work.
that was very generous of you to answer my question so thoroughly. thanks very much. :-) hope you catch this.
"No reasonable or professional clinician or psychotherapist bases their therapy or treatment on anything other than sound evidence. Eminence or belief based therapy is wholly and utterly wrong."
This is largely why Cognitve-behavioural therapy (CBT, is being supported and developed by the NHS in its expansion of therapy services through its IAPT schemes (Improving Access to psychological therapy) schemes.
CBT has an evidence base grounded in randomised controlled trials, the gold standard of emprical based science.
Why do they never focus on why people come to them unhappy? Is it because it's of the very people like them driving people to depression and suicide?
Shameful woman and good that she has lost her appeal giving her free reign to damage others.
As for Andrea Williams… and the oh so poor Christian victim routine again… what crap. Religious Freedom does Not include damaging people as much as you'd like it to be.
The time religion is left to read about in the history books the better the world will be… certainly much more peaceful and equal.
So called "gay cures" are nothing but junk science. She might as well have rattled chicken bones at Mr Strudwick.
And as is bloody typical of christians – they try to victim card and blame Patrick for exposing their wrong doing.
Standard tactic my dear, from the American organisations that fund these things.
The next step should be to outlaw it, make the practice illegal. All the major organisations say it doesn't work and can often be dangerous, even fatal. And this will send a clear message that it is not appropriate for any religious organisations to practice it, nor suggest it.
Alternatively, we could set up therapy centres to treat extremist Christians of their vile afflictions and run it as a non-profit, using the money to fund LGBT homeless projects, outreach, HIV prevention, set up our own schools, help those affected by reparative therapy, and if there's any money left over … set up our own religion :):):)
I don't know about that, but there should be a clear line between medical science (psychotherapy) and religion, and perhaps religious counselling should be left to priests, surly that's what they've been doing for centuries.
These anti-gay Christian psychiatrist are criminals and should be arrested for crimes against humanity.
A slight exaggeration methinks.
Arguable in some cases
for crimes against individual clients…
This sort of practice is offensive and needs stamping out, so your strength of feeling is understandable. That said, there are mechanisms for fighting the issue and professional censure seems appropriate as a minimum : if there's evidence of more harm being done to other individuals then there may be a case for civil and criminal prosecutions to be brought.
Quite the frame and set up. They send in a fake, who already decided that any such counseling is fake, and then files charges because they say the counseling turned out to be fake. Good grief.
I suggest you read the article again for the reasons she was disciplined. And no one sent him in, he's an investigative journalist on a national newspaper.
It needed to be exposed.
Patrick Strudwick is a confident and strong man who cannot be harmed by the voodoo drivel that is "gay cures". But a younger, more vulnerable man might be placed at risk by a therapy that is debunked as useless at best, as directly harmful in a worst case scenario.
They needed to be exposed.
Gay cures are fake. They push people in to closets, those people go on to ruin their own lives – and occasionally the lives of the unfortunate straight men or women that they marry who also deserve better and deserve not to have such a cruel sham perpetrated on them.
Ask yourself this – would you marry someone who was "ex-gay" and have a family with them? Would you spend your life waiting for the penny to drop? Would you be happy and comfortable knowing that it was fake, they didn't really want you that way? Is that something that you personally actually find bloody appealing?
It would be better to allow her to use quack medicine on a vulnerable person? She needed to be exposed for the unethical fraudster she is.
So you support harming people, Zorek?
"Quite the frame and set up."
Last resort of the religious:- a boo-hoo story based on paranoia. How typical.
Please, get an education, its really depressing listening to you.
he was obviously doing invesitgative journalism Zorek…. all's fair in the game of getting the story.
And as for your mock horror at a set-up…. isn't that what anti-terrorist squads do on a regular basis to root out the bad apples.. not that I am suggesting any equivalence here.. but I am certainly grateful to the feds for pre-empting terrorist attacks by going undercover.
Those who adopt reasonable and appropriate practice that does not harm, have nothing to fear from an investigative journalist. Those that condemn undercover reporters tend to be those that have something to hide.
"They send in a fake, who already decided that any such counseling is fake, and then files charges because they say the counseling turned out to be fake."
It's not just Patrick Strudwick who thinks that any such counceling is fake. The BACP (her own regulatory body), the American Psychiatric association, Dr. Robert Spitzer who conducted the research the cures are supposedly based on an has changed his mind due to the damage it does.
If someone claimed they could cure lukemia with asprin you'd say they were a dangerous quack and should be struck off the medical register.
Same difference.
If no-one is keeping tabs on the therapy how do we weed out the quacks?
Exposing 'fake' counselling can only be a good thing. Most undercover sting operations are done based on information received.
The only problem I see is with your perspective.
Why are the CI/CC not fighting for the rights of Christian Scientists ( and Jehovas Witnesses?) to refuse medical treatment for their children, so they can use prayer alone as per their beliefs?
Its all part of the same aspect of religious liberty.
But that clearly comes down to the legal competence of those children, given that it is understood that children are not in the possession of their parent.
I'm not sure what the age threshold is at the moment – I don't recall any cases off the top of my head. I don't think it is 18, it may be a case of the child in question choosing for themselves having displayed competence and understanding during a hearing.
Frankly, if they want to off themselves? Fine. I just hope that the cause of death on their certification is "stupidity."
Belief in the Holy trinity?
Does anyone else see an advert at the top for AsianBeauties.com?
Can't imagine they will get many clcks from us for Asian mail order brides
How absurd to believe that being gay can be turned around by religious therapy. Why should it be turned around? There are many people who are not happy being gay. In such cases the art would be to help the person accept their homosexuality. A lot of religion swirls around medicine, both psychiatric and general. Religion must be banned from all forms of caring for the unwell. Spiritual healing of mental and physical illness – I do not include being gay in that – Spiritual Healing has nothing to do with religion, can be used to great benefit. Let the person of their own volition go to the hospital chaplain if they feel it would be of use.
Sorry my comments were rather muddled about Religious Healing. I wanted to say that I strongly believe in Spiritual Healing, in fact I am a healer and have been for over 60 but I am not remotely religious. Also I am not in any way anti gay.
Sorry me again ! In my post I missed out 'years' when I i wrote ' and have been for over 60'
I think there is a difference between some peoples practices and those that engage in damaging therapy.
Reparitive therapy is damaging and harmful.
Christian counselling is just psychology from a Christian perspective. Not all Christian therapists are homophobes or consider ex-gay therapy to be a legitimate enterprise. They offer faith based insights into a person's issues that are in alignment with that person's Christian views. They are not all biblical literalist crackpots, and can be quite kind decent people.
When a gay person's unhappiness is caused by conflict between their innate sexual feelings (sexual orientation) and religiously grounded beliefs that such feelings are wrong and must not be expressed, then I think the test of the probity & professionalism of any faith-based psychological therapist would lie in their willingness to identify this as the problem and facilitate abandonment of the beliefs, (rather than change the sexual orientation), even if they themselves believed homosexuality is 'wrong'.
dear Mark
there are Christian perspectives that reconcile a person's faith with their homosexuality. The liberal strand of Christian counselling does not see homosexuality as sinful and in need of modification. Such a counsellor would be more likely to help the client reconcile their faith to their sexuality rather than the other way around.
That said, the other kind of therapist who wants to bend a person's nature to their interpretation of biblical values is a total menace.
Ms. Pilkington is so out of it, she's complaining that the decision will "definitely engender a climate of fear" for those who practice reparitive therapy. Well, good! Christian Counselors should be very fearful of practicing a modality that has been found to be harmful by virtually all relevant professional associations. There is no religious justification for reparitive therapy, because it is harmful. The harm doesn't disappear just because someone decides a modality is consistent with their religious beliefs. Slavery is entirely consistent with the Old Testament, but nobody in their right mind would use it to justify enslaving people today. Why doesn't Ms. Pilkington instead develop therapy to help people stop eating shellfish or wearing mixed-thread fabrics? If she thinks Christians should enforce Leviticus which is from the Old Testament, there are plenty of other admonitions she can use to create therapudic modalities.
I do hope that those engaging in reparitive therapy are frightened as a result of this.
Frightening any charlatan quack who risks harming their client or patient is always a good thing.
I do so agree. And surely the latest announcememt from WHO calling upon national bodies to exercise their legal clout against ex-gay clinics should lend some clout in routing out this quackery.
why isn't there a therapy to turn hot straight chicks into lesbians?
I have heard my women friends recommend a couple of bottles of white wine, but I suspect that the effects are temporary.
tried it… got me slapped a couple of times though! :-)
*raises glass*
No, Patrick Strudwick has not succeeded in getting "reparative therapy" banned, nor should he have succeeded. What he HAS done is to expose "reparative therapy" for the hocus-pocus that it is. The sun is slowly but inexorably setting on the "ex-gay" hoax. But in a democratic society personal freedom must include the freedom to be taken for a ride.
You say, "He had no evidence to establish that such therapy is not beneficial to some clients." You could say the same of Christian Science healing, crystal healing, pyramid therapy, reincarnation therapy or any other kind of flim-flam. The burden of proof lies on those who make the claims, not on those who disbelieve them.
There should be no freedom to be conned.
The duty of a clinician is principally to do no harm – conning a patient is harming them.
The duty of society is to protect others in society, failing to stop quacks who harm patients is not protecting vulnerable members of society.
"Many individuals are deeply unhappy with their same-sex attractions and seek counselling."
I venture this is because of the bullying they receive by bigots. Clearly we need a homophobe therapy.
"He had no evidence to establish that such therapy is not beneficial to some clients."
A preposterous statement. There is plenty of evidence freely available to indicate that it is very likely to harm all clients, which is why the professional bodies of psychiatry in the UK (and USA) won't countenance it. If there was authoritative evidence of any benefit to 'some clients' and a reliable way of determining in advance who those might be in order to avoid harm, it might be considered.
No he exposed the lies and deceptions of Pilkington
He never set out to ban a form of therapy – merely expose the insidious nature of it.
He succeeded
In time the "therapy" will be banned. It harms people. It sounds like you might be in need of other forms of therapy from the lies you tell!
O dear Aiden . . . what a tantrum!!!
Queeny tantrum, one might say!!
LOL! You both bet me to it!
I wonder why Aiden is so upset over ex-gay "therapies" being proved to be hocum….. I wonder, I wonder…..
"Many individuals are deeply unhappy with their same-sex attractions and seek counselling."
You for one, obviously.
have a nice cup of tea dear, and a lie down for a while until you feel better
These comments are un-moderated and do not necessarily represent the views of PinkNews. If you believe that a comment is inappropriate or libellous, please contact us.
More like this
- Ann Widdecombe: Let unhappy gays try to turn straight 236
- Ex-Archbishop of Canterbury backs 'gay cure' therapist 190
- Writer and editor defend "pertinent" Nazi comparison column 163
- New website lists gay-friendly therapists 35
- Christian 'gay cure' therapist guilty of malpractice 121
- Gay journalist accuses Christian therapist of smearing his name over 'intimidation claims' 72
- Christian therapist may be struck off for trying to turn gay man straight 73
Most commented this week
- Christian bakers lose court appeal in 'gay cake' row 160
- Trans teen refused service because staff didn't believe his ID belonged to him 139
- 7-year-old put into father's custody after mother 'raised him as female' 114
- More than a billion people are still living under British anti-gay laws 97
- Gay couple receive death threats after showing support for Donald Trump 67
- Russian embassy mocks Westerners as 'gay pigs' 58
- Trans student found hanged after filing complaint about bullying 56
- Straight people getting AIDS is a 'left-wing lie', pro-Trump radio host claims 40
- Jazz Jennings gets real on dating as a trans teen 40
- Bishop of Liverpool: Gay Christians have a right to be angry with the Church 36


text:
A member of DCTri and a worshiper of PeasantMan, Ashley Nellis, was interviewed on FoxNews today ... pretty cool. She forgot to wear her PeasantMan shirt for interview but all is forgiven. If you don't know Ashley, she's the person that drove the GTown Cupcakes to the bricknic.
There is an article and to the left hand side is a video clip. Ashley got quite a bit of air time.
TV Interview
for $20, you may rack your bike next to mine at the peasantman.
How much do we need to pay to touch your bike? ;-)
Or do I darn say it - how much to touch you or at least bow before the Royal Presence?


text:
SPRINGFIELD - Prosecution in a home invasion case against two brothers has ended because the victim will not testify because it might hurt him in his own heroin trafficking case, according to court records.
Roberto and Eriberto Villafane, both 24 and of 27 Lyman St., had each faced charges in Hampden Superior Court of home invasion, entering a dwelling at night for a felony, and assault with a dangerous weapon.
The brothers were accused of forcing their way into a Peer Street home armed with a fake handgun and terrorizing the resident, then ransacking the home, Sgt. John Delaney, aide to Police Commissioner William Fitchet, said at the time of their Jan. 24 arrest.
The resident, a 23-year-old man whose name was not disclosed, escaped to a neighbor's house where he called police just before 11 a.m.
In the document ending the prosecution of the cases filed last week, Assistant District Attorney Matthew J. Shea said the alleged victim faces charges of heroin trafficking, and four counts of possession of heroin with intent to distribute (second offender).
The charges allege illegal conduct within the victim's home, Shea said.
"That case also involves a police search of the alleged victim's home pursuant to a search warrant about one week after the date of the offense in this indictment (home invasion charge against the Villafanes)," Shea wrote. "During the search warrant execution, the police allegedly found heroin and other evidence."
Shea went on to write that testimony by the alleged victim about his access to certain parts of the home and his conduct on the day of the home invasion may incriminate him in his own drug case.
The victim's lawyer said the victim intended to invoke his fifth amendment right not to testify at the Villafane's trial.
"Without the testimony of the alleged victim in this case, the Commonwealth would not be able to meet its burden of proof at trial," Shea wrote.
Eriberto Villafane still faced charges of misleading the prosecutor and threat to commit a crime in connection with the case. He pleaded guilty to those and was sentenced to two years in the Hampden County Correctional Center in Ludlow with six months to be served and the rest suspended with two years of probation.


text:
By DAN HICKLING
EAST RUTHERFORD, N.J. – The pre-season is supposed to be a time of opportunity, when an unheralded rookie – let's call him Victor Cruz – can turn the heads of a coaching staff and earn himself a job.
Cruz, the former UMass standout, is making the most of his looksee with the Giants.
In fact, he's making the other 31 NFL teams look foolish for not grabbing him while he was on the loose.
Cruz, who is near the top in many of the Minutemen's career receiving categories – yards, receptions, receptions per game – was completely overlooked in this year's NFL draft.
However, when the Giants offered him a free agent pact, Cruz, who hails from nearby Paterson, N.J., jumped at it.
So far it's worked out better than he, or the Giants could have hoped.
Cruz came into Thursday's preseason tilt with the Pats as New York's leading receiver by a long shot.
He had caught 12 balls for 251 yards and four TDs, three of which came in the pre-season opener against the Jets that christened (for football) the glistening New Meadowlands Stadium.
In that game, Cruz wowed the MNF audience with a sensational one-handed grab from quarterback Jim Sorgi (now on injured reserve) that went for a 64-yard touchdown.
Among the lingering Patriot training camp questions has been the in-or-out status of erstwhile "feature" back Laurence Maroney.
As in, is he in coach Bill Belichick's doghouse, or is he out?
That question may have been answered when Maroney appeared on the field for the first time with three minutes gone in the second quarter, after the first team offense had already exited.
"It's one of those things," Maroney said. "You've just got to sit there and hope that they call your number. And when they do, you've just got to be ready."
For his part, Maroney (9 carries, 32 yards), expressed no concern about his status.
"I'm just one of the guys, right now," he said. "I'm always going to be prepared for the best and for the worst. Whenever they call my number, I'm always going to be ready."
Belichick and his staff will have just two days to reduce the roster to the final 53 from the current 75.
"I think they're always difficult," said Belichick of the impending player cuts. "Everybody's got something to offer. You can include the practice squad in that as well. Whether it's experience, or youth. Special teams, or offense or defense. You just have to make the best decisions that you can."
Second-string quarterback Brian Hoyer played almost three full quarters, his longest stint to date.
He would have finished the game, but suffered scratches to his face after being taken to the turf in the final minutes of the fourth quarter.
Even so, he felt that his performance had some ups and downs.
"You always just wish you could finish with a win," he said. "There were some good things and bad things. So you just have to watch the film, learn from it, and move on."
This, of course, was the Pats first-ever visit to the new home of the Giants and New York Jets, which was constructed next door to the now-demolished Giants Stadium.
They will however, be back on Sept. 19, when they'll meet the Jets in Week 2 of the regular season.
Although New Meadowlands Stadium (capacity 82,566) is slightly larger than its predecessor, the seating bowl has a somewhat cozier feel to it (the front row at the 50-yard line is just 12 yards from the sideline).
Cozy enough, anyway, for the cool $1.6 billion it cost to constuct what will be the site of the 2014 Super Bowl.


text:
Mattson Technology Inc. (MTSN)
Q1 2010 Earnings Call Transcript
April 21, 2010 6:00 pm ET
Laura Guerrant – IR, Guerrant Associates
Andy Moring – CFO
Dave Dutton – President & CEO
Edwin Mok – Needham
Wenge Yang – Oppenheimer
Peter Kim – Deutsche Bank
Richard [ph]
Patrick Ho – Stifel Nicolaus
Christian Schwab – Craig-Hallum
David Wu – GC Research
Good day ladies and gentlemen, and welcome to the Mattson's first quarter financial results conference. (Operator instructions) And now I would like to introduce your host for today, Laura Guerrant.
Laura Guerrant
Thank you and good afternoon everyone. Thank you for joining us today to discuss Mattson Technology's financial results for the first quarter of fiscal 2010, which ended March 28. In addition to outlining the company's financial results for the quarter, we will also provide guidance for the second quarter of fiscal 2010.
On today's call are Dave Dutton, Mattson Technology's President and Chief Executive Officer; and Andy Moring, the company's Chief Financial Officer.
Before turning the call over to Andy, I'd like to remind everyone that information provided in today's conference call contains forward-looking statements regarding the company's future prospects, including but not limited to anticipated market position, revenue, margins, earnings per share, tax rate and fully diluted shares outstanding for future periods.
Forward-looking statements address matters that are subject to a number of risks and uncertainties that can cause actual results to differ materially. Such risks and uncertainties include, but are not limited to those described in today's news release, and in the company's Forms 10-K, 10-Q and other filings with the SEC. The company assumes no obligation to update the information provided in this conference call.
On another note, the management of Mattson Technology will be marketing with the investment community in the San Francisco Bay area on Friday, April 23. If you are interested in meeting with management, please contact me at 808-882-1467.
And with that, I'd like to turn the call over to Andy. Andy?
Andy Moring
Thank you, Laura, and welcome to our first quarter 2010 conference call. After I review the financial performance and give guidance, Dave will comment on the business and then we'll open up the call for Q&A.
During the first quarter, Mattson continued to trend a double-digit sequential growth in our business. Revenues were never top end of our guidance as customers continued [ph] to buy technology upgrades in preparation for what we anticipate will be a normal cyclical expansion through the second half and into the next year.
As previously announced, our Etch business continued to show traction during the first quarter, as we shipped a paradigmE evaluation tool to a foundry customer, and began shipping to another customer, a multiple order for paradigmE. Our momentum in Etch is the key to us growing the sector in this upturn.
Operationally in addition to the growth in our revenue, margins and loss per share met guidance. We continue to drive cost containment. Receivable balances have increased and inventory levels have declined. We are ready to capitalize on the upturn with a diversified product portfolio and a substantially improved cost structure that would generate significant earnings in this cycle.
Here are the key points relative to our financial performance in the first quarter. We recognized revenue due to purchase order and customer acceptance of our Millios millisecond anneal tool in the logic line of a large customer. Operating expenses increased 10% from last quarter, close to what we had expected primarily due to reinstatement of full employee salaries after the cost containment efforts implemented last year.
Operating expenses continue to be closely monitored and well-managed by the company. Our ending cash balance of $52 million was slightly below our guidance due to inventory required to support our new products. We expect that this new cash need for new product support will continue in the second quarter. However, we have more than enough liquidity to handle any working capital needs of the current ramp.
Now to a more detailed look at our financial results for the quarter. Net sales were near the top of guidance at $25.2 million, and while still (inaudible) even profitability levels, were up 41% from the fourth quarter of 2009. We recognized revenue for the Millios evaluation tool for logic applications due to acceptance by the customer.
We shipped a number of Suprema strip tools and have been encouraged by the number of orders and shipments for the Helios XP, our new RTP product. During the quarter, we also shipped the first paradigmE tool of the order we announced in January 21st. This tool we take into revenue during the second quarter, as will subsequent shipments of the order.
Gross margin for the first quarter was 31% compared to 28% for the fourth quarter of 2009. Our margins were negatively impacted by two factors. First, factory under absorption still occurs at these lower revenue levels. Second, per accounting requirements, we have historically deferred approximately 10% of shipment revenue that represents the installation value of the tools. This deferred installation revenue is recognized to customer acceptance, generally 60 days to 90 days after shipment. In periods of significant revenue growth, this deferral will have an impact on current quarter margins as deferrals will exceed acceptances from the previous quarter.
The impact on margins in the first quarter for these two items is about four percentage points. While the impact of factory absorption will diminish as revenue increases, the deferral issue will continue to be a modest factor during a sustained production ramp.
Operating expenses for the first quarter were $18.8 million compared to $17.1 million in the fourth quarter of 2009, and $19.5 million excluding restructuring expenses for the same period last year. First-quarter Opex reflects the reinstatement of certain salary reduction measures implemented during 2009. The reinstatement of these temporary cost reduction measures added about 8% to our quarterly expenses this quarter, and we absorbed an additional 2% of one-time marketing expenses. We expect Opex cost to stay at or below this level for the foreseeable future.
Interest and other expenses were favorable this quarter by $500,000 primarily due to interest income and foreign currency gains caused by the strengthening of the dollar relative to the Euro and other currencies. We absorbed a slight tax expense of $200,000 this quarter compared to a tax benefit of $100,000 in the fourth quarter. We generally expect some tax expenses even when we generate losses as we deal with our regional entity on a cost plus basis.
The first quarter GAAP loss was $11 million or $0.22 loss per share compared to a GAAP loss of $11.4 million or $0.23 loss per share in the fourth quarter of 2009.
Turning now to the balance sheet. Cash and short term investments at the end of the first quarter were $51.9 million which was slightly lower than our guidance. Except for a smaller amount of restrictive cash, our cash has high liquidity and we continue to have no offsetting debt. The first quarter cash burn was about $8.5 million, primarily due to the continued success of our new products. Our core products Suprema and Helios are outsourced, with payment to the vendor occurring after shipment.
However, in the case of our new products paradigmE and Helios XP, inventories need to be procured per normal lead times prior to shipment. For the first half of the year, we expect that more than half of told shipments will be for these newer products built in our factories.
We are working diligently to outsource more of these new products and expect that we will be back to our 80% outsourcing model by the end of the year. Accounts receivable and advance billings increased to almost $20 million, and inventories decreased by $1 million during the first quarter. Net inventory is at the lowest level since 2003.
Turning to our guidance for the second quarter of 2010, second quarter revenues will be up between 10% and 25%, in the range of $28 million to $32 million. During the second quarter, shipments of our new Etch products gained consumer acceptance, and we will not have to further defer revenues due to the company's revenue recognition policy.
Gross margin will improve sequentially and be between 32% and 34%, impacted somewhat by the deferred installation revenue issue discussed earlier. Earnings will be in the range of loss per share of $0.19 to loss per share of $0.15. We expect that our P&L breakeven revenue will be roughly $40 million, and we expect to reach this milestone by the end of this year.
We anticipate that cash levels will decline slightly during the second quarter. While our receivables position from earlier shipments has improved to enable us to fund most inventory purchases, may continue to need to procure inventory for our new product shipments and the double-digit growth of revenue. We expect that we will end the quarter with a cash position of approximately $48 million.
As stated earlier, our new Etch and Helios XP are not yet outsourced and until they are some working capital will be required to build these tools.
So to summarize, Mattson continues to trend at double figure sequential growth in our business. Customers continue to buy technology upgrades and we are seeing signs of capacity expansion in preparation for what we anticipate will be a normal cyclical expansion over the next six to eight quarters.
We are optimistic that we are on track to meet our previously stated profitability breakeven level on schedule, even though the impact of the new product inventory requirements has delayed our cash breakeven. Our Etch business continues to show traction and this momentum is key to outgrowing the sector in this upturn.
The company has taken significant steps in reducing cost, strengthening the balance sheet, and putting sound operational initiatives into place. We will continue to drive our business based on the diversification strategy for our new and core products that will enable cyclical downturns to be less costly. We are well positioned to further capitalize on the strategy we maintained during the downturn, diversification of our core products and entry into the large Etch market.
Now I will turn the call over to Dave, who will elaborate further on Mattson's business results and prospects. Dave.
Dave Dutton
Thanks, Andy. Good afternoon everyone. Mattson Technology is riding a new chapter in the company's history, particularly with respect to our leading edge Etch technology, and we are clearly participating in the overall economic recovery. We have continued our trend for the past year of double-digit revenue growth.
Select customers are returning not only with technology buys but with incremental capacity additions as well. We feel that we are still in the beginning stages of a long secular recovery cycle, which will lead to a more broad-based recovery developing later this year. We continue to gain acceptance of our new and innovative technology as seen by the many announcements we have made over the past three months, and it is clear that the investments we made during the recent downturn are paying off in solid growth and positive momentum for the company.
Semiconductor demand has rebounded quickly, and on the unit basis is already exceeding prerecession levels. In the past few years, the chip industry clearly underinvested, but a global economic revival is under way and this underinvestment will ultimately correct itself. The spending projections for 2010 are constantly being revived upwards and many new capacity projects are planned for 2011, which should translate into further growth.
As I have highlighted previously, during the recession Mattson Technology continued to fund our new product portfolio, and investment that gave us a market opportunity near triple the size of what it was before. In the first half of 2010 more than 50% of our new systems shipped are our new Etch and RTP tools, demonstrating the success and necessity of our technology investments.
We strengthened our cyclical flexible enterprise model, which we expect to yield higher returns as we grow into a new large available market and we are confident of achieving our goal for Mattson Technology to outperform as the economy and the industry recovers.
During the first quarter we accomplished a number of key strategic milestones that position us for long-term growth. We established our fourth Etch customer. We began shipment of the paradigmE Etch system against the volume order received from a leading memory customer during the quarter. We won a logic foundry position for our Millios millisecond anneal system, and in strip, we have shipped more Suprema tools in the first quarter than we shipped for the entire year of 2009.
Our investment over the last year has produced three new products, the Helios XP, the Millios, and our latest Etch the paradigmE, all of which are providing significant contributions to the company as the industry recovers. Our foundation is solid, and as I noted before in the first-half of 2010 more than half of our new systems shipped hard for our new Etch and RTP tools.
In RTP, our Helios XP product is not only opening up new positions in foundry market, but it is also extending our leadership position in both DRAM and NAND flash. This system was originally aimed at the foundry and logic market, but is quickly gaining acceptance at our memory customers advanced lines due to its superior throughput and advanced technical capabilities.
We gained a key technology win with the recent acceptance of our Millios millisecond anneal applications that a leading manufacturer's logic fab and took revenue as the tool was accepted by the customer. A key strategy for Mattson Technology is to extend our RTP into the logic and foundry area. With our new RTP portfolio, we have met our targets of penetrating into the logic and foundry markets at multiple customers.
We are gaining momentum in our other target area the fast growing Etch market, which is key to our growing the sector. The paradigmE and the Alpine comprise our Etch portfolio, in position for an economic recovery unfolding ahead of us, and together they have key placements in memory and foundry in both front in the line and back into interconnect. Our Etch portfolio is in production and we are gaining applications as our customers utilize its unique technology advantages, and realized the associated low-cost of ownership benefits.
We have a total of four Etch customers, two Alpine and two paradigmE, and continue to demonstrate new capabilities as we qualify new layers. Customer acceptance of our Etch products is strong and we expect that our new product portfolio will deliver at least one third of our 2010 revenues.
Our Suprema gained superiority than just before the downturn and has continued to extend our application positions into our key accounts. The Suprema provides technically advanced dry strip solutions compatible with high-k metal gate, and advanced high-dose implant strip processes. We saw capacity shipments in strip during the quarter in both memory and foundry, and we believe that the industry is moving into a more capacity driven part of this cycle. As the recovery unfolds, we are confident that Suprema's position will continue to lead the industry and drive higher market share.
During this recovery, we have delivered double-digit revenue growth with only a handful of customers driving the current expansions in our business, and we are waiting along with the rest of the industry for the onset of the large number of planned projects. Although 2010 is a vast improvement over 2009, we expect the economic recovery is just beginning and add strength through 2011.
While we are confident that the long-term secular growth of the industry remains strong, we are cautious that there may be fluctuations in the growth rate with spending increasingly concentrated among fewer customers, which could lead to non-linear growth patterns. We are confident that we have the requisite financial strength and product positions to deliver through this entire cycle.
So in summary, we are coming off a severe recession and so far the overall economic recovery remains modest. Nonetheless, we are seeing strong growth through the significant investments we have made in new technologies. The equipment industry is rebounding and based on the announced expansion plans from our customers, we are looking forward to a robust long-term recovery. Mattson continues to gain momentum and is well positioned to meet the opportunities of the long-term expansion needs of our customers.
We have more products and leading edge applications than at any other time in our history. Our products are now positioned at 8 of the top 10 customers, providing solutions for 3X nm and below technology node requirements. Our investments in Etch and millisecond anneal are paying off with additional opportunities opening up in these new markets. We are now solidly positioned with a diversified portfolio of core and new products, and have a vastly larger served available market. And our CFE model will ensure lower cost versus previous cycles.
All of this will convert to strong growth in both revenue and earnings through the next couple of years. As our customers move forward to advanced technology and cost-effective solutions, Mattson's low-cost and high productivity solutions are perfectly positioned to provide enabling capabilities at leading low-cost of ownership. We are optimally positioned with physical disciplines and the requisite resources to fully leverage these positions as the global economy strengthens.
And with that, I really thank you for listening to our call and we are now open for your questions. Operator?
Question-and-Answer Session
(Operator instructions) We will go with our first question from Edwin Mok.
Edwin Mok – Needham
Hi, thanks for taking my question and good quarter. I had a question regarding the Etch product, (inaudible). Can you just help us out, did you recognize revenue on Etch this quarter and also do you expect to have more Etch in the June quarter (inaudible)?
Andy Moring
Yeah, Edwin, our revenue recognition requirements for the paradigm are basically, until we have acceptance of the first tool, we do defer revenues. This was a production order; we did defer the revenue even though we shipped the tool in March timeframe. So we should get acceptance in the second quarter and all subsequent shipments will be taken into revenue at that point in time. So regarding Etch rack you really don't have too much to worry about going forward with that product.
Edwin Mok – Needham
I think so – bake that into this revenue recognition for this tool, do you expect more Etch tool in the coming quarter, and how do you look at that?
Andy Moring
Yes. This was a multiple order and almost all of the tools will be shipped by the end of the second quarter.
Edwin Mok – Needham
And then for the Suprema [ph], anyway you can quantify in terms of number of strips [ph] you plan to ship or how do you look at that going into the second half of this year?
Andy Moring
Well, Edwin, we have really gone on record of saying that we believe that a third of our revenue, fully a third of our revenue will be with our new products, and basically this is the Millios and the Etch tools during the upcoming year.
Edwin Mok – Needham
I see and then, you mentioned that you still expect to hit the break even level, the $4 million break even level by the end of this year. How do you look at the linearity throughout the next three quarters, do you expect (inaudible)?
Andy Moring
Yes, all right, Edwin, you are breaking up a little bit. So if I understand, you are asking how we see the linearity over the next three quarters.
Edwin Mok – Needham
That is correct, I am sorry about that.
Andy Moring
Okay. I will try and give that. What we see is, as we look forward we see about nine new projects, major expansions coming on that will be adding 4X nm and 3X nm capacity basically over the next 6 to 8 quarters. And upon until those projects start, what we have been seeing is particular customers doing incremental spending, and what is difficult to see because there is low visibility is where is the intersection point between the spending happening now and next level of projects taking on.
So we still see a lot of activity. We see a lot of our customers that have reported recently that are reporting strongly, and it is just too difficult to tell whether we are going to see a slight digestion period or whether they will be able to continue to spend into the next major project cycle.
Thank you. We will go with our next question from Gary Hsueh.
Wenge Yang – Oppenheimer
Hi, this is Wenge here for Gary. A couple of questions, first one regarding the outlook for the second half, some of your peers, (inaudible), seems to think that growth should continue, but the second half will slow down in growth. But you mentioned that you achieve $40 million revenue level by year end, so that is another 20% growth from your Q2 guidance. What do you see as the difference in your second half outlook and what is driving your continuous revenue growth in the second half?
Andy Moring
Yes, Wayne thanks for joining the call, and just real quick, I think the key for us is as I mentioned in the call we talked about, over the recession we spent a lot of time, and essentially we have tripled the available market for the company, and we haven't just added products and said, okay now we have more market. We have been actively focused on it. We added customers in those markets. And we are starting to see the incremental addition to that as we go forward.
So I think we are – in some of our other peers where they are working in kind of a similar market. They haven't added as big a market potential versus where they were vis-à-vis Mattson. That is where we are still strongly confident that we will reach our breakeven level as we head towards the end of this year, because of the incremental growth of these new products.
Wenge Yang – Oppenheimer
Okay, that explains the question. Second thing is, several other, everybody seems to be counting on several new fabs in the next 12 to 18 months, particularly on the NAND side. Could you give some comment on your existing products market share in those potential new fabs and also your penetration progress of Etch and RTP tools in those potential new markets?
Dave Dutton
Yeah. I will try and give you a broad scope, and we typically don't break it down to that level at our reporting structures, but – so, what we are looking at for, I mean, essentially we see, earlier like I said, about 9 projects that we expect to happen, and essentially what we see is over the next few years, about as much NAND capacity is going to be added as was added in '05 to '07 timeframe. DRAM capacity still will see a fair amount, although we have seen some of that capacity already added.
And then foundries, I think will be more consistently adding than in the past, and that is just because of the global electronics demand that continues to expand, especially the mobility devices require a lot of foundry. So those are the projects we are looking at. In the – if you break it down, they are strongest in the DRAM side for sure. In the NAND side, we have seen a lot of this recession moving our products further into the NAND side, and we're very confident and we will see all three products in the NAND side as well moving forward, as RTP and strip and then foundry, as we have mentioned we have already been there with our Etch and strip products, and recently I think it was about a year ago, we announced our first foundry penetration with RTP.
So we have been busy making sure we are expanding across the portfolio and so – and we haven't attacked the existing nodes or the future nodes. So, as we go forward we expect to partake and really realize returns from our investments across all these areas.
Thank you. We will take our next question from Peter Kim.
Peter Kim – Deutsche Bank
Hi, thanks for taking my question. I wanted to just kind of touch on the cash flow issue; first of all could you give us a little bit more specific on what you think your cash position will be exiting the next quarter?
Andy Moring
Well, we said that we would be at approximately $48 million.
Peter Kim – Deutsche Bank
Okay, sorry. So, you know, obviously the reason for this continued negative cash flow is because you have to fund the inventory related to the new products, right, and you expect to transition these new products to your outsourced suppliers by the end of the year, during which time they should be bearing the burden of the inventory upfront. Is that correct?
Andy Moring
Yeah, that is really how we deal with the outsourcing providers. We give them a purchase order to produce the tool, and they will incur the inventory themselves. We certainly have an obligation to make the delivery and to pay for them upon delivery, but by then typically there is the customer available that we ship the tool to.
So the cash pretty much marries up with – the cash outlay marries up with the cash input from the customers under the outsourcing model that we have.
Peter Kim – Deutsche Bank
So, until you make the transition to your outsourced partners, there is a possibility that your cash flows will remain relatively flat to negative?
Andy Moring
Yeah, that is a possibility. As we go further into the ramp though, and you start building up your receivable balances that converts to cash during the quarter. So you get more into a cycle where you are using your cash to buy new inventories. And then if you are still absorbing some losses, then that loss will convert to negative cash flow, but again we anticipate that by the end of the year, that should be behind us.
Peter Kim – Deutsche Bank
Okay. So, you know given the set of dynamics and now based on your present visibility, how low could your cash reach, cash balance go to?
Andy Moring
Well, I mean we don't anticipate it going much lower than it is because we believe that will be at breakeven by the end of the year.
Peter Kim – Deutsche Bank
Okay. All right. It is fair enough. Lastly, you know, based on recent market share data, it looks like you lost market share in dry strip very notably. And lost the second place position in RTP, two quick questions from that. Number one, how is your outlook for the dry strip market, I mean do you anticipate market share recovery as volume orders come back or do you think that the – it will be a tough recovery road?
Andy Moring
No, actually we view from our positions that as the market comes back, looking forward we will be strongly the leader in strip. I think the market share last year, because you had such kind of focus spending in just particular customers, it is very hard to really look at as really representing the industry.
Peter Kim – Deutsche Bank
So, you really think that you can get the other recover to a market share number, a leading market share position?
Andy Moring
Peter Kim – Deutsche Bank
In dry strip?
Andy Moring
Peter Kim – Deutsche Bank
And how about the RTP with regards to the millisecond anneal, I mean, I think Dainippon Screen took the second place position with a very strong revenue showing last year. And I think most of that if not all is on the flash anneal. It looks like they have a very strong head start on you guys. I was wondering what your thoughts on that are?
Andy Moring
Yes. So, I think just real quick, we have said this before, we came to the market later, but we came to it with a very strong production driven tool. And the key announcement we had this quarter where we announced that we see the acceptance and have moved into a leading logic factory.
We think the benefits of that tool; it has got twice the throughput of our competitors. We are the only one with closed loop temperature control and can really manage the overall production flow of our customers, and we expect now to start driving market share gains with the stronger products.
Peter Kim – Deutsche Bank
Okay, thank you.
Thank you. We will take our next question coming from Richard [ph].
Hi, I was just – can you hear me?
Andy Moring
Yeah, Rick, yes.
I was just curious if you guys are comfortable with the cash position, or are there – is there any interest in raising cash someway?
Andy Moring
We really haven't discussed that. We feel that we have more than enough liquidity to handle any of the working capitals needs that we have for the foreseeable future. Certainly we will keep that on the radar screen, but typically in this industry in ramp situations, cash starts coming back quite quickly and of course, we certainly want to take advantage of that over the next 6 to 8 quarters in order to prepare ourselves for the next cycle whenever that does occur.
Okay. Thank you.
Thank you. We will take our next question coming from Patrick Ho.
Patrick Ho – Stifel Nicolaus
Thanks a lot. Dave, in terms of overall business trends, say from 4 to 6 weeks ago, how would you characterize them? Are they incrementally better from year end, status quo, and then secondly in terms of the customer base, are you seeing a broadening of your customer base to include more, I guess more customers or I – are the same ones still ordering, but just increasing their ordering patterns?
Dave Dutton
Yeah, Patrick. Thanks for joining the call. First on the temperature of the industry, I guess looking on a normalized product level, it feels pretty much status quo, and then for us what we have seen is some of these newer applications and some of the new wins we are getting are making it feel a little more positive than probably where we would have been a couple of months ago. Especially with Etch where we are seeing some new applications potentially could result in more orders as we look into the second half.
On the second question, I'm trying to remember what it was.
Patrick Ho – Stifel Nicolaus
In terms of the customer base, are you seeing…
Dave Dutton
Yes, yes, I'm sorry. Yes, in terms of customer base, actually like I mentioned earlier, we have spent a lot of time focused on just expanding in the logic, and proliferating our broader product portfolio into the foundry logic and NAND side, and we are seeing more engagements and we are seeing more opportunities, especially with the new projects we are looking out going forward, I think we are going to see the company much broader than it ever has been.
Patrick Ho – Stifel Nicolaus
Okay. Then I guess near-term are you seeing your existing customer base also increase their, I guess, order and shipment patterns with you?
Dave Dutton
Patrick Ho – Stifel Nicolaus
Okay. And a question on the gross margins, I understand on the terms of your deferral revenues and the push outs there, if I'm doing my math correctly though, is there future quarters that actually can give you gross margin benefits as you are recognizing the cost initially before the revenues are recognized.
Andy Moring
Well, as I explained in a ramp situation, you are deferring more revenue than you are accepting from the previous quarter. Obviously that usually catches up when you flatten or – and certainly goes the other direction if you go down into the other direction in a cycle, but for the most part that effect really on a ramp situation, especially if you are ramping 40% revenue per quarter is always a big impact negatively on the margins. But it eventually catches up.
Patrick Ho – Stifel Nicolaus
Okay, great. Thanks a lot guys.
Andy Moring
Thank you.
Okay. Thank you. (Operator instructions) And we will go with our next question from Christian Schwab.
Christian Schwab – Craig-Hallum
Great. Thank you. Andy, you mentioned in your prepared comments, you know that we expect capacity expansion over the next 6 to 8 quarters, and significant earnings in this cycle, can you just categorize what that means?
Andy Moring
Well, relative to the last cycle, certainly with the Etch product, and it is our full belief that the Etch product will add another 30% plus to the revenue. If the cycle goes anywhere close to the last cycle, then you would see potentially a 30% increase over that revenue level, and I think we peaked at about $260 million in the 2006-2007 time frame. So that is where we're roughly modeling the company.
Christian Schwab – Craig-Hallum
It is a very large number. When do we begin, when is it logical that we see more of a latter step sequentially to get on the type of trajectory to $260 million plus?
Andy Moring
Well, I think as Dave stated in his comments, the issue is getting out of this phase, where a few customers are doing the technology node adds and getting it to a more robust capacity add cycle. That really gets back to when all of these announced plans actually start kicking in and customers are placing the orders, and we are seeing a more broad-based customer driven focus.
And again, that remains to be seen. Certainly 2011, it is going to be in pretty much full bloom, whether or not it happens or at least starts at the end of this year still remains to be seen.
Christian Schwab – Craig-Hallum
Excuse me. David, I would assume that you guys are involved with Toshiba on the NAND side, is that correct?
Dave Dutton
We don't particularly talk about customers, but yeah, we have been very strong on the NAND side across the NAND leaders.
Christian Schwab – Craig-Hallum
Okay. And I mean, they have announced a very significant building of a new NAND fab. When would you expect to see orders out of that – for that new fab?
Dave Dutton
Well, as far as we can tell from what they have announced, they would start tools into there about middle of 2011, so you will probably see orders early 2011, roughly from a lead time perspective.
Christian Schwab – Craig-Hallum
Okay, perfect. And that is it. No other questions. Thank you.
Okay. Unfortunately, due to the time allotted to this conference being up, if you have any further questions you can e-mail them directly to the company or call the company directly at 510-492-6241. Again, the time for this call has ended. So if you have any further questions you would like to ask, call the company directly at 510-49…
Laura Guerrant
Operator, we can take more calls.
Okay. I will go with our next question then from David Wu.
Laura Guerrant
Thank you very much.
David Wu – GC Research
Yes, thank you. I just have a quick question, if I look at the revenue ramp you folks are doing, and I assume that somewhere out there probably 2011, you could do about $200 million run rate or $50 million a quarter revenues, and if you achieve the outsourcing ratio of 80:20 on your new tools, what kind of potential gross margin would you be able to report?
Andy Moring
Well, we have been modeling gross margins once they get through our absorption issues between 45% and 50%.
David Wu – GC Research
Would you be able to get it at a $50 million a quarter run rate?
Andy Moring
Yes, we believe so.
David Wu – GC Research
Okay, fantastic. So, the key really is to get the new tools sufficiently robust if the outsourcing situation could happen?
Dave Dutton
Absolutely, and we are working towards that end. As we said, we believe on our two brand new products that we will have those pretty much outsourced by the end of this year.
David Wu – GC Research
Okay, great. Thank you.
Okay. I'm showing no further questions in the queue. I would like to turn it back to your host, David Dutton for any concluding remarks.
Dave Dutton
Thank you, John, and thank you all once again for joining our first quarter 2010 conference call. We look forward to updating you on our progress in the next quarter's conference call. Thank you very much. Operator?
Okay. Ladies and gentlemen, this does conclude your conference. You may now disconnect and have a great day.
Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as an important resource for bloggers and journalists, and are excited to contribute to the democratization of financial information on the Internet. (Until now investors have had to pay thousands of dollars in subscription fees for transcripts.) So our reproduction policy is as follows: You may quote up to 400 words of any transcript on the condition that you attribute the transcript to Seeking Alpha and either link to the original transcript or to www.SeekingAlpha.com. All other use is prohibited.
If you have any additional questions about our online transcripts, please contact us at: email@example.com. Thank you!