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Politics : Formerly About Applied Materials
AMAT 301.11+6.9%Jan 9 9:30 AM EST

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To: advocatedevil who wrote (56437)11/28/2001 1:02:33 PM
From: Kirk ©  Read Replies (1) of 70976
 
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Are these the same forecasters that were predicting chip demand to drive AMAT from $10B to $20B rather than $8.7B in sales back in 2000...

This is the most HONEST forecast I've read in years:

dailynews.yahoo.com

``What you have to understand is that when you give narrow range (forecasts), you open yourself up to a lot of time in court,'' he said.

As for the current recession, which has hurt virtually all technology companies, Bryant said he was confident it would be followed by a period of sustained growth -- eventually. He said the timing of that remained unclear though.

``We have come to the conclusion that we're no better than anyone else when it comes to doing that kind of forecast,'' he said. ``Figuring out the near term picture is pretty tough.''


amen!

Kirk out
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