SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Tony Viola who wrote (39567)11/13/2000 12:32:10 PM
From: Fred Levine  Respond to of 70976
 
Monday November 13 11:48 AM ET
Applied Materials to Meet Estimates

NEW YORK (Reuters) - SG Cowen said on Monday it
expects semiconductor equipment maker Applied
Materials Inc. (NasdaqNM:AMAT - news) to meet its
estimate of fiscal fourth-quarter earnings per share of 76
cents.

SG Cowen also expects revenues of $2.95 billion, in line
with the company's guidance.

``Resetting of expectations in key end markets, weakness
in Euro, and higher oil prices have increased uncertainty
of capital spending forecasts for 2001,'' analyst Min Pang
said in a research note.

Shares of Applied Materials fell 9/16 to $40-3/8 in early
Monday morning Nasdaq trading. The stock's 52-week
range is between $40-1/2 and $115.

fred