Formerly About Applied Materials Message Board

STOCKTALK

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.

Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: davesd who wrote (9619)	10/26/1997 2:18:00 PM
From: Jeff Mills	Read Replies (1) of 70976

Dave, Just wondering if you have heard any of the actualy companies (not techweb news stories, nor analysts, nor any other sources) reveal a downturn in 1998? I have listened to LRCXs and CYMIs conference call, and neither mentioned a sales meltdown. Flat sales--yes they mentioned it as a possibility. But no huge slump of new orders was forecast. Flat sales vs. a order downturn are two different scenerios. AMATs stock at $32 has/is pricing in a downturn in the industry (ie. sequential decreases of revenue q after q going forward into 1998). In 1996, AMAT sales hit a downturn. The revenue fell from $1127MM to $1115MM to $861 MM to $835MM. Since the bottom, AMAT has had four straight increases in quarterly sales (anticipated at an all-time record $1200MM to be revealed in November). If sales are flat through 1998 (say ~ $1 Billion per Q), there has been no downturn. There just has been no growth. See the difference? Just wondering if you have heard from management anywhere about a big downturn--or if it indeed just generated news due to speculation. Thanks.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next