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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (38808)4/12/2001 9:04:55 AM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
-Apr-01
08:59 ET Merrill on Semi Equip : Merrill Lynch says that Lam (LRCX) sequential order decline of 60% was far below the 35% decline expected by Merrill; firm now expects AMAT to see a 40-45% sequential decline in the Apr qtr to $1.2-1.3 bln vs prior estimate of $1.7 bln. Merrill also notes that its industry estimate of a 26% q/q decline in Q1 was far too conservative.