Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

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Dec 26 9:30 AM EST

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To: advocatedevil who wrote (45287)	4/10/2001 10:07:31 AM
From: Ian@SI	Read Replies (3) of 70976

From WSJ story... Chip makers weren't the only ones to have hardships during the quarter. Semiconductor capital-equipment stocks also took a hit. Still, analysts expect Applied Materials Inc. to meet its forecasts for the fiscal second quarter, which ends in April. Robert Maire, an analyst at Bear Stearns, said the company reaffirmed its guidance for the quarter at a recent analyst meeting. He said if the company intended to lower numbers, it would have done so then. The one caveat, said Mr. Maire, is the fact that Applied Materials' quarter is back-end loaded and the company may not see slowing business until the end of April. Nevertheless, Mr. Maire is calling for Applied Material to post earnings of 34 cents a share and revenue of $1.9 billion. A First Call survey produced a mean earnings estimate of 34 cents a share and revenue of $2.16 billion. In the year-earlier second quarter, Applied Materials posted earnings of 53 cents a share. Whole story for subscribers at: interactive.wsj.com

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