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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 226.05+1.2%3:59 PM EST

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To: The Ox who wrote (25211)1/7/2013 1:27:28 AM
From: bruwin1 Recommendation   of 25522
 
"What a lousy investment track record"

That certainly was the case when one looks at their last Annual Income Statement, a place where one can often target the end result of a company's problems.

It all seems to go wrong below EBITDA ...

30% lost to Depreciation.
Another 185+421=$606mil. lost to 'Other Income' and 'Special Charges'.
Interest Expense removed 23% of the Revenue left over at that stage, and ...
Tax swallowed up $207mil. (66%) of the $316mil. of Pretax Income.

So, not surprisingly, all that was left over from a Gross Annual Revenue of $8719mil. was a paltry $109mil.(1.25%).
That's a far cry from the previous $1926mil. from $10517mil. the year before.

As you say, "Truly amazing the CEO still holds his job"
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