Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: advocatedevil who wrote (46838)	5/16/2001 12:22:31 PM
From: Demosthenes	Read Replies (2) \| Respond to of 70976

AD, <<Perhaps a better wording would have been something like: Applied Materials warned that earnings for next quarter will likely come in significantly below current analyst consensus estimates. I'm certain you would agree with that statement!>> First, it's the CURRENT Q were talking about. Second, the newsies got it right when they said AMAT "expects" to break-even in the current quarter. Read the news on this very subject from yesterday. AMAT did not issue a warning in any traditional sense. Ask yourself: when, in relation to the beginning/end of a companies' quarter are warnings usually issued? If analysts issued higher earnings estimates than AMAT could produce for, say, the next 2 years, then, by your rationale, AMAT would have to issue a "warning" for every quarter during that time even if AMAT gave accurate guidance early in each quarter. No, I don't agree with your statement, and from what I can tell so far today, neither does the market. Best rgds, D