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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 223.95+1.7%Nov 21 9:30 AM EST
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To: Kirk © who wrote (12065)11/17/2004 8:54:14 PM
From: BelowTheCrowd  Read Replies (1) of 25522
 
An other point that was mentioned in the call is that $.02 were the result of a favorable tax ruling and a litigation settlement. Without those two one-time items, they would have missed by a penny.

All in all, a ho-hum report, roughly in-line, but really nasty on the forward guidance.

I expect it to trade down hard tomorrow. Might present a decent trading opportunity, but will definitely do so cautiously.

mg
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