JW, Gottfried, and onlookers-- Looks like Mr. Morgan didn't have anything constructive to say, and the next downturn is outside his crystal ball's purview (> 6 mo away). He didn't want to be impolite (Jim's a gentleman, so he's never accidentally impolite) and say "No comment," so he uses a standard placeholder: "It's steak as far as the eye can see!"
He may be right, but I'm skeptical. Not negative, but skeptical.
You probably got it right, though: AMAT to new heights. With their quarter closing this week, they'll soon have some "beat the street" numbers for us all. Oh, they'll beat the street, how can they not? About time for some research:
1. What's the First Call number for AMAT's Q2?
2. What's the whisper on the street? (I don't like this concept, but it's very well entrenched.)
3. When will AMAT report Q2? Somehow May 12 sticks in my mind, but that's a Friday, not your usual reporting day.
4. Finally, what number would you propose for their Q2? I'm going with $0.13 above analysts' expectations. Anybody else got a number to share?
Mitch |
