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Politics : Formerly About Applied Materials
AMAT 254.05+2.3%3:32 PM EST

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To: Donald Wennerstrom who wrote (63496)5/7/2002 8:26:53 PM
From: orkrious  Read Replies (2) of 70976
 
Looks like those results have "blown away" some of the negativity of the analysts.

Before you get too excited, look at the product cost of sales line for this Q versus same Q last year. It looks like they sold an awfully big chunk of the written-off inventory. I wonder how long it will take the street to figure it out. The next day or two are going to be another gift from the trading gods to the shorts looking to establish positions.

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