Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 329.07

-0.4%

Feb 10 3:59 PM EST

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To: Big Bucks who wrote (22099)	7/23/1998 7:21:00 PM
From: Ramsey Su	of 70976

BB, looking at the most recent AMAT estimates per Zacks, as of 7/20 and after adjustments for the black Friday announcement, I still find the new numbers hard to believe. Consensus for this qtr, to be reported in August, is $.18, the high end of the $.15 to $.18 figure provided by AMAT. I am willing to bet that they will struggle to make $.15, the $.18 is far too optimistic. For the FY ending Oct., they are estimating $1.25. FY 99 is currently pegged at $1.26. Based on the current b-t-b trend, I guess they are assuming the sector will recover middle of next year. Otherwise, there is no chance that they can meet these estimates. Is it possible that AMAT would actually be in the red? I suppose we will find that out Aug 11 when they announce and presumably issue some forward statements. amgdata.com Looks like funds are finally moving out of the market. If the exodus accelerates, hold on to seat belts. Ramsey

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