Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 320.71

-0.5%

10:11 AM EST

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To: Proud_Infidel who wrote (46457)	5/9/2001 8:44:08 AM
From: Shoibal Datta	Read Replies (1) of 70976

Per briefing.com: 08:24 ET Applied Materials (AMAT) 52.60: Morgan Stanley lowering estimates ahead of company's May 15 earnings report; reduces 2001 est. to $1.05 from $1.40 and 2002 to $0.90 from $1.15 (consensus est. are $1.47 and $1.73). Firm maintains Q2 est. of $0.32, but believes AMAT will struggle to break even in Q3... Maintains Outperform rating and holds to mantra for sector: "Buy by August."

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