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Politics : Formerly About Applied Materials

AMAT 239.25

+3.6%

1:37 PM EST

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To: Jack Kunkle who wrote (19313)	5/12/1998 5:15:00 PM
From: Xpiderman	Read Replies (2) of 70976

>>Management expects to earn $.23 during the next quarter. << If this is what the management expected, then AMAT will be downgraded soon. Before today's report, the Street is looking for $0.29~$0.30 for the next two quarters, now AMAt said $0.23 for the next quarter. The analysts will cut this FY's estimate from $1.48 to at least $1.35; So is the number for the next year.

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