Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 304.84

-0.8%

Jan 13 3:59 PM EST

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To: michael97123 who wrote (65756)	9/11/2002 12:16:15 PM
From: Gottfried	of 70976

Mike, 8:51 am PT Nasdaq clears 50-day simple moving average : -- Technical -- Index has cleared its 50-day simple moving average at 1,331 as well as its 20-day exponential moving average at yesterday's close of 1,320. Watch for the next significant resistance point at 1,344 which is where the late July rally topped out on a closing basis. To the downside, watch for initial support at 1,340 followed by an additional floor at its 50-day simple moving average of 1,331. 8:51 am PT ASML Holding could miss 2nd half target due to TSM (ASML) 9.17 +0.22: Bloomberg.com reports that some analysts in Europe are saying the co may miss a target for 2H02 shipments following TSM's announcement that it will delay orders (11:40); TSM is a client of ASML. 8:40 am PT Taiwan Semi pares back chip production due to lackluster demand (TSM) 8.48: The Wall Street Journal reports that TSM has scaled back its production plans for state-of-the-art 300mm silicon wafers, blaming sluggish demand for advanced chips amid a weakening outlook for global electronics sales. Information provided by Briefing.com

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