Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 315.93

-0.8%

9:38 AM EST

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To: StanX Long who wrote (55689)	11/16/2001 1:35:27 AM
From: StanX Long	Read Replies (1) of 70976

Nasdaq pulls back November 15, 2001: 4:38 p.m. ET Tech shares fall, led by a lackluster earnings report from Applied Materials. money.cnn.com NEW YORK (CNN/Money) - Applied Materials' earnings report tempered gains on the Nasdaq Thursday after the world's largest maker of semiconductor equipment missed analysts' estimates for its fourth quarter. Applied Materials earned 3 cents per share in its fourth quarter, below the 77 cents it earned a year ago and a penny below estimates. The company reported sales of $1.26 billion, 57 percent below the $2.92 billion a year ago. Applied Materials said it may post a loss in its first quarter as it sees revenue falling 20 percent below its fourth-quarter amount.

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