Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Fred Levine who wrote (12058)	11/17/2004 5:41:13 PM
From: Proud_Infidel	Read Replies (1) of 25522

Applied Materials warns on orders, revenue, EPS Wed Nov 17, 2004 05:04 PM ET SAN FRANCISCO, Nov 17 (Reuters) - Applied Materials Inc. (AMAT.O: Quote, Profile, Research) , the largest maker of chip-making tools, on Wednesday warned that new orders, revenue and profit per share in the current quarter would all be short of most Wall Street expectations. The company forecast a 35 percent drop in new orders in the current first quarter from the just-completed fourth quarter. The Santa Clara, California-based company also said it expected revenue to drop 20 percent to 23 percent from the fourth quarter, with earnings of 15 cents to 16 cents a share, both below analyst expectations.

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