MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Compadre who wrote (2291)	12/19/1998 10:26:00 AM
From: Debra Orlow	Read Replies (1) of 99985

<AMAT> Estimates raised today: Suspicious though. Why now and not right after earnings announcement a while back? Jaime, I believe that a book-to-bill came out better than expected on Friday. Is this a different book-to-bill than previously announced? From Briefing.com: 14:24 ET Book-To-Bill Ratio: Front end bookings rose 34% from October. Overall book-to-bill ratio rose to 0.84 from October level of 0.75. Needham & Co reiterates its "buy" ratings on AMAT, NVLS and ASTX. Believes that earnings growth will recover much faster than expected. Anticipates raising Q1 FY99 estimates on AMAT at a minimum.

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