FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: ccryder who wrote (1765)	2/10/1998 6:07:00 PM
From: Kent Sarikaya	of 2754

AFTER THE BELL - Applied Materials falls NEW YORK, Feb 10 (Reuters) - Applied Materials Inc's stock fell one quarter in early after-hours trading Tuesday. The company said it sees lower than expected new orders and less favorable operating results in 1998 as a result of the Asian economic crisis. ''All eyes are on AMAT,'' one dealer said, as the stock fell from its closing price of 36 to 35-3/4. Applied Materials reported first quarter earnings per diluted share of $0.60 compared with $0.08 a year earlier, beating the First Call consensus earnings estimate of $0.50 per share.

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