Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 304.08

+2.2%

Feb 5 3:59 PM EST

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To: Ramsey Su who wrote (25271)	10/14/1998 3:33:00 PM
From: Math Junkie	Read Replies (2) of 70976

<<TER's press release people must charge by the word. Their earnings reports are always short with no details whatsoever.>> At least they give bookings numbers. Novellus doesn't even do that much. <<There is no explanation as to what the charge of $23M for "excess inventory" is about. With earnings of only $16.9M, does it mean they actually lost $6.1M for the qtr?>> According to their press release, including the effects of the charge reduces EPS to $0.01, but I have no idea how to square that with the figures you cite.

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