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Technology Stocks : Earnings: Semiconductor
INTC 37.06-6.2%3:59 PM EST
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To: SusieQ1065 who wrote (86)11/12/2001 7:39:16 PM
From: 2MAR$  Read Replies (2) of 266
 
UBS Warburg expects Applied Materials (AMAT) to hit 4Q views when it reports after the bell Wednesday, but primary focus will be on January order and shipment guidance. UBS believes AMAT may miss 4Q gross order guidance by about 20%. Visibility remains poor, so firm only expects guidance for 1Q, which is historically flattish compared to 4Q, though 1Q likely to reflect continuing industry weakness. UBS sees 1Q rev guidance of $800M$900M, and says company will begin to take losses unless additional cost cutting actions are taken. (TG)
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