SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials
AMAT 226.05+1.2%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shoibal Datta who wrote (49987)7/31/2001 7:01:38 PM
From: Cary Salsberg  Read Replies (1) of 70976
 
This report "doesn't compute!"

1. "...capital equipment spending to fall 27 pct in 2001 and 17 pct in 2002."

2."...sales for the full year at 7.19 bln usd, down from 7.24 bln, while they anticipate 2002 sales of 7.2 bln usd... "

Yahoo research has consensus revenues 1.3B this Q, 1.4B next and 7.2B for 2001. If spending continues to fall in 2002 and AMAT's fiscal year ends in October 2002, one would think that AMAT would be doing well to continue at the 1.3-1.4 quaterly rate That gives 5.2-5.6B, a far cry from the 7.2B forecast. AMAT forecast breakeven for this quarter. If revenues stay down, I doubt they can make the $0.85 forecast by cutting costs.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News