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: Big Bucks who wrote (14962)	1/22/1998 10:22:00 PM
From: davesd	Read Replies (1) of 70976

Buck...it looks like alot of the semi companies reporting earnings just barely made their numbers. Thank god they had backlogs that they could manipulate. However, now that orders are slowing the flexibility in the backlog is also tightening up, I expect next quarter to be sequentially lower. The quarter after that should be weak too. Just like 1996. As expected most of the companies have come out with warnings as they move ahead in 1998. We should see some downward earnings revisions fairly soon (after the MM's sell). I think LRCX's numbers have been whacked big time for 1998 and they also said that this is a several quarter problem and not just a quarter slowdown. AMAT earnings are next month, I expect them to meet estimates but then throw in alot of cautious words. I think you will get a chance to buy all the AMAT you want below $30. dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next