Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.90

+0.4%

Dec 26 9:30 AM EST

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To: Ian@SI who wrote (45288)	4/10/2001 11:44:35 AM
From: advocatedevil	Read Replies (1) of 70976

"This morning, Credit Suisse First Boston took down its estimate of capital expenditures in the semiconductor-making equipment sector, saying it would decline 30% to 35% this year. That's down from a projected 20% to 25% fall. The firm said it doesn't see a meaningful turn upward until the latter half of next year. UBS Warburg projected similar declines for this year and saw only a 10% increase in the fourth quarter over the third. How did stocks react? Well sector leader Applied Materials (AMAT) surged ahead 9% to $42.10. " yahoo.smartmoney.com AdvocateDevil

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