Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 158.47

+0.2%

12:38 PM EST

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To: shane forbes who wrote (4791)	2/10/1998 4:44:00 AM
From: shane forbes	of 10921

From Marketwatch: Leading chip-equipment maker Applied Materials Inc. is scheduled to report first-quarter earnings Tuesday, and the good news is that most analysts expect earnings in line with the consensus estimate. However, just meeting estimates won't satisfy investors looking for guidance amid the rampant uncertainty caused by deteriorating Asian economies. "I think there will be a more cautious tone for the short term," said Michael O'Brien, analyst at SoundView Financial Group. He expects Applied Materials to report earnings of about 51 cents, but he expects a 15- to 20-percent decrease in orders and revenue. "Orders will be the most important factor in the report," said UBS Securities analyst Mark Fitzgerald. He doesn't expect the company to meet its previous forecast for earnings of $2.10 to $2.15 a share for the year, instead seeing $1.50 to $1.90. Fitzgerald anticipates flat results for the next two quarters.

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