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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Warren who wrote (31310)	7/7/1999 6:19:00 PM
From: FiloF	Read Replies (1) \| Respond to of 70976

The only thing I saw on AMAT today in the NYT was in the "Hot & Cold" section on page C7 (stocks with large % gains / losses). The short write-up, regarding the 3.29% increase yesterday, said: "Rises on optimism the maker of semiconductor equipment will exceed profit expectations when it reports its fiscal third-quarter earnings. Analysts had expected the company to earn 53 cents a share." So there you have it...a complete explanation -- no other factors had anything to do with the rise. Which, of course, means that the expectations must have come quickly down today [sarcasm intended].