SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (1566)7/17/2002 2:05:43 PM
From: Proud_Infidel  Read Replies (1) of 25522
 
Hi G,

I also sent the following:

I saw the following when I was on Yahoo Finance this afternoon:

12:57PM Applied Materials cautious on next several qtrs (AMAT) 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.

Yet no press release was issued to tell me that guidance was coming down. I am an AMAT shareholder of significant shares(significant enough to receive phone calls for proxy votes) and do not expect to be treated as a second class shareholder, with brokerage houses receiving information before it comes out of your press office. I expect better behavior out of Applied Materials and as such I am forwarding a copy of this to the SEC, since it would appear that you have broken SEC FD laws. I hope that you can email a response telling me that Mr. Bronson was misquoted. Otherwise, you will be held accountable.

Selective disclosure occurs when issuers release material nonpublic information about a company to selected persons, such as securities analysts or institutional investors, before disclosing the information to the general public.

...

When selective disclosure of material information is made unintentionally, the company must publicly disclose the information promptly thereafter.

sec.gov

Regards,

Brian Kerecz

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext