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


To: michael97123 who wrote (42840)2/28/2001 7:30:14 PM
From: A.L. Reagan  Respond to of 70976
 
From LAM Research today AH: "Our customers continue to report slowing end-user demand and softening business conditions. Their capital spending plans are being adjusted accordingly. These factors have resulted in a reduction in new equipment orders, delivery push-outs and cancellations of systems in our backlog," the company said.

thestreet.com

Disclosure: short AMAT (but long and hurting elsewhere).



To: michael97123 who wrote (42840)2/28/2001 7:57:55 PM
From: advocatedevil  Read Replies (2) | Respond to of 70976
 
Mike, Don't shoot the messenger!

It certainly has been an endless string of bad news for tech. First you get your mid-period early warnings, then your end-of-quarter warnings, then your earnings report warnings, then your future outlook warnings and then the early warnings start again...

AdvocateDevil