Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.28

+0.8%

3:59 PM EST

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To: derek cao who wrote (14237)	1/7/1998 2:48:00 PM
From: Gottfried	Read Replies (2) of 70976

derek, thanks for the site with memory prices. I never thought I'd root for higher prices but I am. Higher DRAM, higher oil! Briefing.com seems to have the right, cautious outlook... briefing.com Earnings season around the corner... While there are those who expect a buy-on-the-fact-rally, Briefing maintains that the numbers will prove unsettling - especially given the slowing growth at industry leaders such as Microsoft, Intel and Applied Materials... We also expect many companies (even those meeting this qtrs numbers) to warn that future results will be imperiled by Asia's deepening crisis. <snip> Expect earnings downgrades to be a recurring theme for this group [semi equip] over the next few months... As such any gains will prove limited and short-lived... <snip> GM

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