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Strategies & Market Trends : The New Economy and its Winners

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To: stockman_scott who wrote (12763)7/17/2002 1:48:37 PM
From: Bill Harmond  Read Replies (2) of 57684
 
Applied Materials cautious on next several qtrs (17.63 -0.77)
We are hearing from Goldman Sachs that AMAT's CFO is incrementally more cautious on the next several qtrs; CFO has told the firm that Q3 will be "up a little bit at best" or even flat-to-down, whereas the Street consensus is for sales to rise 5%, and he indicated that Q4 visibility remains poor as well.
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