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

To: John Trader who wrote (47067)	5/21/2001 4:48:31 PM
From: FJB	Read Replies (3) \| Respond to of 70976

Chartered Updates Outlook for Second Quarter 2001 ... Based on the company's current assessment, revenues for the second quarter will be down approximately 48% from the first quarter of 2001. This compares to prior guidance of a 25% decline. Average factory utilization is expected to be in the low 30s, and it is now anticipated that for the quarter, the company will record a loss in the range of US$0.76 to US$0.78 per American Depositary Share (ADS). This compares to prior guidance of a loss of US$0.50 to US$0.52 per ADS. ``Given the current turbulent market environment, it is difficult to predict revenue trends in the coming quarters for both the industry and Chartered. Our belief continues to be that based on historical patterns and on the severity of the decline seen in the first two quarters of 2001, Chartered's revenues will increase sequentially in both the third quarter and the fourth quarter,'' said Barry Waite, president & CEO of Chartered. ... biz.yahoo.com

To: John Trader who wrote (47067)	5/21/2001 7:51:03 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

John, I like glw and jdsu particularly as the lower rates lead to a more robust junk bond market.. Its hard to believe that jdsu, corning, sunw and emc prices from january. I got into these in feb/march along with nortel. I expect to outperform from here on and have a chance to hit my march 2000 profit level in the high 3000's(if we get there). Quite a game this stock market. Hopefully getting out if necessary wont be as hard in this go-round as it was in 2000. mike