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

To: Proud_Infidel who wrote (33263)	11/18/1999 10:21:00 AM
From: Proud_Infidel	Respond to of 70976

RESEARCH ALERT- Applied Materials raised NEW YORK, Nov 18 (Reuters) - Credit Suisse First Boston, Lehman Bros. and Warburg Dillon Read on Thursday raised their earnings estimates for Applied Materials Inc. (NasdaqNM:AMAT - news). Applied Materials, which makes semiconductor manufacturing equipment, reported fiscal fourth quarter results of 77 cents a share, exceeding the Wall Street consensus figure by 13 cents, as compiled by First Call/Thomson Financial. -- Credit Suisse analyst Elliott Rogers raised his fiscal 2000 earnings estimate to $3.60 a share from $3.05 and its price target to $140 a share from $100. -- Said sequential order growth in the next quarter is expected to match the fourth quarter growth of 13 percent. -- ''The company's operating performance in Q4 was a record on all counts, with prospects for further improvement over the next several quarters,'' Rogers said. -- Lehman Brothers raised its 2000 earnings estimate to $3.20 a share from $3.00. -- Analyst Ed White said, ''Record orders of $1.65 billion exceeded our estimate of $1.55 billion. We expect Applied Materials to continue to build backlog.'' -- Warburg raised its 2000 earnings estimate to $3.29 a share from $2.99 and its price target to $125 a share from $92.

To: Proud_Infidel who wrote (33263)	11/18/1999 10:21:00 AM
From: Proud_Infidel	Respond to of 70976

RESEARCH ALERT- Applied Materials raised NEW YORK, Nov 18 (Reuters) - Credit Suisse First Boston, Lehman Bros. and Warburg Dillon Read on Thursday raised their earnings estimates for Applied Materials Inc. (NasdaqNM:AMAT - news). Applied Materials, which makes semiconductor manufacturing equipment, reported fiscal fourth quarter results of 77 cents a share, exceeding the Wall Street consensus figure by 13 cents, as compiled by First Call/Thomson Financial. -- Credit Suisse analyst Elliott Rogers raised his fiscal 2000 earnings estimate to $3.60 a share from $3.05 and its price target to $140 a share from $100. -- Said sequential order growth in the next quarter is expected to match the fourth quarter growth of 13 percent. -- ''The company's operating performance in Q4 was a record on all counts, with prospects for further improvement over the next several quarters,'' Rogers said. -- Lehman Brothers raised its 2000 earnings estimate to $3.20 a share from $3.00. -- Analyst Ed White said, ''Record orders of $1.65 billion exceeded our estimate of $1.55 billion. We expect Applied Materials to continue to build backlog.'' -- Warburg raised its 2000 earnings estimate to $3.29 a share from $2.99 and its price target to $125 a share from $92.