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

To: semi_infinite who wrote (42125)	2/13/2001 5:35:58 PM
From: Proud_Infidel	Respond to of 70976

I think they want to play the game of WS; namely do NOT miss twice in a row. They will most likely beat the numbers by a fair margin, unless the economy gets really ugly. But I think they really wanted to give themselves an easy hurdle so to speak. We will have to see how the Street reacts tom. Brian Applied Materials again lowers guidance for results SAN FRANCISCO, Jan 13 (Reuters) - Applied Materials Inc. on Tuesday again lowered expectations, this time for its current fiscal second quarter, citing a continuing slowdown in the U.S. economy and bloated inventories among customers. Applied Materials (NasdaqNM:AMAT - news) executives said on a conference call on Tuesday to discuss its fiscal first-quarter results that second-quarter earnings per share will be between 32 cents a share and 37 cents a share. Sales are expected to fall from first-quarter levels and will be $1.9 billion to $2.0 billion, Applied Materials said. Analysts now expect Applied Materials to earn 49 cents a share, the consensus forecast as compiled by First Call/Thomson Financial. Second-quarter sales were forecast to be $2.42 billion. Operating margin, Applied Materials said, will be greater than 20 percent in the second quarter