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Politics : Formerly About Applied Materials
AMAT 297.52-6.6%Feb 4 3:59 PM EST

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To: advocatedevil who wrote (63941)5/22/2002 7:48:08 PM
From: Gottfried  Read Replies (2) of 70976
 
AD, Intel was expected to spend $5.5B. Was that Intel's number or analysts' prediction? I ask because...

>2:23PM Intel capex rumors hitting semi equipment names (INTC) 29.06 -0.01: Hearing trading floor rumors that an analyst at a tier 1 brokerage firm will cut his Intel capital spending forecast tomorrow, perhaps by a billion to $4.5 bln. If this does occur, such a call could hit semi equipment names such as Applied Materials (AMAT 25.75 -0.59) and Novellus (NVLS 47.60 -1.22), both of which have come under pressure in recent action.<

There's a difference if it comes from the company.

Gottfried
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